Old tax regime to continue along with new one, tax tabulation for FY25 to be done under existing Act
New Income Tax Bill retains provisions from 1961 Act, offers flexibility, transparency, and aims to simplify tax laws.
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 will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...
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India Today on MSNCan a married couple save more taxes using both old and new tax regime?Married couples need to determine which tax regime offers lower tax liability for each spouse considering their income ...
Nirmala Sitharaman will table the new income tax bill in Lok Sabha on Thursday, February 12. Thereafter, it will be referred ...
The new Income Tax Bill is more about consolidation of scattered tax provisions, simplification and elimination of redundant laws than about rate ir ...
To streamline the law, the new bill reduces the number of pages from 823 to 622, removing redundant provisos and explanations ...
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The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...
Finance Minister Sitharaman introduces Income Tax Bill, 2025, in Lok Sabha amid opposition parties opposing its introduction. Sitharaman also urged the speaker to refer Income Tax Bill, 2025, to ...
Finance Minister Nirmala Sitharaman to introduce the Income-Tax Bill, 2025 in Lok Sabha, focusing on clarity, simplicity, and ...
FM Sitharaman is set to introduce the Income Tax Bill 2025 today. Find out what's new in the proposed tax system.
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