The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...
From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...
The new tax regime – the default – offers a basic exemption limit of Rs 3 lakh for all individuals, regardless of age. This ...
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Amid the new Income Tax Bill 2025, we answer some FAQs on tax slabs, old vs new regime, the new income tax rules, exemption ...
Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...
FM Sitharaman is set to introduce the Income Tax Bill 2025 today. Find out what's new in the proposed tax system.