Finance Minister Nirmala Sitharaman on Wednesday (13 February 2025) tabled the much talked about  New Income Tax Bill 2025 in ...

Finance Minister Nirmala Sitharaman introduced the Income Tax Bill 2025 in Lok Sabha, aiming to replace the 1961 Act. Set for ...

The proposed Income-Tax Bill 2025 aims to streamline the definition of taxable incomes categorized under the "Salaries" ...

India's Union Budget 2025-26 has introduced personal income tax changes under the new regime to spur middle-class spending & ...

The new bill, designed to make tax regulations more accessible to the general public, will replace the existing Income Tax ...

The Bill has been referred to a select committee for further scrutiny. The committee, which will examine the proposed changes ...

The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.

In 2014, taxpayers were exempt from tax on income up to Rs 2 lakh. Budget 2025 has significantly expanded this relief to Rs ...

The introduction of the Tax Year is a step toward simplifying India's tax structure. It removes unnecessary jargon and aligns ...

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...

The Income Tax Bill, 2025, introduces significant changes impacting Non-Resident Indians (NRIs) and foreign companies. These ...

This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay ...