Finance Minister Nirmal Sitharaman announced a new tax regime slab during the Union Budget 2025-26 presentation, raising the ...
A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...
The income tax return filing deadlines, income tax slabs, and capital gains taxations remain unchanged, as outlined in Budget ...
One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...
Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...
The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...
Finance Minister Nirmala Sitharaman introduced the Income Tax Bill 2025, which aims to simplify the tax system. The bill ...
The new Income Tax Bill introduces the concept of the tax year, merging the current terms of the assessment year and the previous year. This change aims to simplify the process for taxpayers, making ...
Tax relief measures and those relating to start-ups, MSMEs and exports in the Budget, and policy rate cut by the RBI, should ...
Finance Minister Nirmala Sitharaman tabled the new income tax bill - which she had mentioned in her Budget speech on February ...
The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...
India follows a progressive tax system, meaning your tax rate increases as your income rises. To simplify, income is divided into different slabs, each attracting a specific tax rate. Here’s how the ...