The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.
The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
The Union Cabinet approved the new Income Tax Bill on Friday, which is poised to replace the existing Income Tax Act of 1961.
India’s 2025 budget cuts taxes to boost spending, but can it offset slowing growth amid inflation, weak demand, and global ...
Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for consumer durables, automobiles and homes ...
The new income tax bill, which replaces the Income Tax Act of 1961, will be presented in Parliament during the ongoing Budget ...
The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...
It is an open question whether income tax cuts for those earning five to six times more than the average Indian is the best ...
Amit Jain of Ashika Global Family Office Services foresees several risks that could disrupt the equity markets in the short ...
The MPC under the central bank projected the Indian economy to clock a growth rate of 6.7 per cent in the upcoming 2025-26 ...