Delhi, Bihar and the states going to the polls next year have been tough grounds for the BJP, barring Assam where it had two ...

The Income Tax Bill, approved by the Cabinet on Friday, will not have any rate surprises. The bill is a major exercise in ...

The Union Budget 2025 has introduced new income tax slabs, bringing relief to taxpayers. Finance Minister Nirmala ...

In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

The revised tax system is set to be implemented starting from the fiscal year 2025-26, affecting taxpayers in the assessment year 2026-27.

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

Yes, it is. You get a Standard Deduction of Rs 75,000 — but only if you’re salaried or a pensioner choosing the new tax ...

The Budget 2026-27 also seeks to rationalise TDS/TCS provisions to alleviate compliance challenges and other relevant changes ...

The income tax rebate under the new tax regime has been raised to Rs 12 lakh per annum from Rs 7 lakh along with a reduction ...

The Union Cabinet approved a new Income Tax Bill to modernize and simplify India's tax system, replacing the 1961 Act. The ...

The new Income Tax Bill, which will replace the six-decade old Income Tax Act of 1961, will make direct tax laws simple to ...

India's new Income Tax law aims to simplify tax laws, reduce litigation, and make it easier for taxpayers to understand their ...