The new Income Tax Bill aims to replace the outdated 1961 Act, simplifying direct tax laws, reducing ambiguities, and curbing ...
In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...
If you have seen the latest tax rates, you must have noticed that there is 5 percent tax on income between ₹4 to 8 lakh and ...
A discussion on the Budget 2025 will be taken up in the Lok Sabha on Friday. The new Income Tax Bill is expected to be tabled next week.
At a rally this month in Las Vegas, President Donald Trump pledged to work with Congress to end taxes on tips.
Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...
The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...
The proposed legislation, as announced by Finance Minister Nirmala Sitharaman during the Budget 2025, will prioritise ...
India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...
A new Income Tax Bill (Bill 2025) is set to be introduced in Parliament next week. The bill is designed to be clear and concise, reducing the length of the existing law by nearly half. Its simplified ...