The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...

Union Finance Minister Nirmala Sitharaman announced during her budget speech on February 1, 2025, that individuals with ...

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

FM Sitharaman is set to introduce the Income Tax Bill 2025 today. Find out what's new in the proposed tax system.

From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...

From Nifty's sixth straight loss today to industrial production growth slowing to the latest US inflation data, we’ve got all ...

Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...

With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...

The new income tax bill is likely to bring a transformative shift in India’s taxation system by focusing on simplification ...

The biggest change is the revised tax slab, which ensures that individuals earning up to Rs 12 lakh annually will not have to pay any income tax ...

"Assess your EPF ( Employees' Provident Fund) contributions, insurance premiums, and other deductions. Invest in ELSS only if ...

The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 In comparison, the total revenue impact of major tax incentives for corporate ...