The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.
From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...
Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.
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 ...
After the Union Cabinet chaired by Prime Minister Narendra Modi approved the new Income Tax bill last week, it is expected to ...
The new Income Tax Bill 2025, which is likely to be tabled in the Parliament on February 13, aims to simplify the terminology ...
The new bill aims to make direct tax laws simpler, reduce litigation, and remove ambiguities in the current system. Experts ...
Simplified Income Tax Bill brings in 'tax year' concept; omits 'previous year', obsolete clauses (Eds: Updating with details) ...
Finance Minister Nirmala Sitharaman is expected to table the New Income Tax Bill in Parliament on Tuesday. Approved by the ...
The new Income Tax Bill, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, making it more streamlined and transparent.