From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...
The Bill, which is likely to be introduced in Parliament on Thursday, has now defined a new concept of ‘tax year’ as the ...
The new Income Tax Bill is more about consolidation of scattered tax provisions, simplification and elimination of redundant laws than about rate ir ...
Finance Minister Nirmala Sitharaman to introduce the Income-Tax Bill, 2025 in Lok Sabha, focusing on clarity, simplicity, and ...
Amid the new Income Tax Bill 2025, we answer most FAQs on tax slabs, old vs. new regime, the new income tax rules, exemption ...
The New Income Tax Bill, 2025 set to take effect from April 1, 2026, represents a comprehensive overhaul of the existing tax framework. It consists of 536 clauses, 16 schedules, and 23 chapters, ...
New Income Tax Bill retains provisions from 1961 Act, offers flexibility, transparency, and aims to simplify tax laws.
The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...
While the new Income Tax Bill does not appear to bring in major policy changes, it introduces several structural and ...
The Income Tax Act 2025 will replace the current Income Tax Act 1961. As the current income tax laws will change, many ...
Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...