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Asian News International on MSNFM Sitharaman tables new Income Tax bill in Lok Sabha, virtual assets like crypto defined under income from other sourcesThe government on Thursday tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernize definitions, and ...
The Income Tax Bill 2025 aims to reform Indias tax structure with new terminology, a tiered system, and simplified deductions ...
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 ...
As India moves closer to a major tax overhaul, the new Income-Tax Bill 2025 seeks to simplify the tax structure and to make ...
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The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...
India's Union Budget 2025-26 has introduced personal income tax changes under the new regime to spur middle-class spending & ...
From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...
India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of ...
Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...
Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...
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