This tool allows individuals to compare their tax liability under both the old and new tax regimes by entering their income ...
The revised tax framework introduces a higher tax exemption limit of Rs 12.75 lakh and a newly structured 25% tax slab, aligning with earlier expectations.
By trimming word count by 40-50% and eliminating confusing phrases, the new Income Tax Bill makes itself more accessible to ...
The main objective of the new income tax bill is to streamline the existing Income Tax Act of 1961 to enhance comprehension ...
The Income Tax Bill 2025 aims to reform Indias tax structure with new terminology, a tiered system, and simplified deductions ...
The Income Tax Bill, 2025 defines 'online game' as any game offered on the internet and accessible through a computer or ...
Budget 2025: Finance Minister Nirmala Sitharaman announced on Saturday, February 1, that a new Income Tax Bill, aimed at ...
Budget 2025 in India continued its planned consolidation with a deficit target of 4.4% of GDP despite calls for ...
FM Sitharaman's speech last Budget hinted at this new tax law when she said the goal was to simplify the income tax laws and ...
The proposed changes are expected to be significant as they seek to simplify the current tax framework, potentially reducing ...
Nirmala Sitharaman said the income tax changes will cost the government more than 1 trillion rupees in revenue.