Here’s a table showing a comparison of old vs new regime with the income level and deductions. If you have deductions more ...

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 ...

To streamline the law, the new bill reduces the number of pages from 823 to 622, removing redundant provisos and explanations ...

The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...

Learn how you can pay 0 tax on an income of Rs 14.65 lakhs per year with the help of NPS & EPF. Find all the details inside.

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 ...

New Income Tax Bill retains provisions from 1961 Act, offers flexibility, transparency, and aims to simplify tax laws.

The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...

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 ...