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 ...
The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...
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Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...
The new tax regime – the default – offers a basic exemption limit of Rs 3 lakh for all individuals, regardless of age. This ...
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 ...
New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings ...
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 ...
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 ...
Learn how salaried individuals with annual income up to ₹13.7 lakhs can make their income tax-free using NPS & standard deductions.