The Income Tax Bill 2025 aims to reform Indias tax structure with new terminology, a tiered system, and simplified deductions ...

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which ...

India's Union Budget 2025-26 has introduced personal income tax changes under the new regime to spur middle-class spending & ...

To ensure greater clarity, the bill also includes tables, examples, and formulas to explain tax provisions to make it easier ...

The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...

Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...

Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...

The Indian Income Tax Department classifies cryptocurrency income under 'Income from Other Sources.' Hence, any gain or ...

This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay ...