Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...
Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...
India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 97.5% ...
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Hosted on MSNIncome Tax: 6-decade old Income Tax Act ends, taxpayers should know what is different in the new bill..The Income Tax Act, which has been in force in India since 1961, is now on the threshold of change. The government has ...
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