From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...

Finance Minister Nirmala Sitharaman on Tuesday pledged more steps to help India retain the world’s fastest expanding major economy status, while asserting that a “speedy rebound” is underway after the ...

The new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is expected to be presented in ...

The simplified Income Tax Bill 2025, which brings in the concept of ‘tax year’ and abolishes the archaic and complicated terms ‘previous’ and ‘assessment years’, is likely to be introduced in ...

According to experts, the new bill, which seeks to replace replace the six-decade old Income Tax Act, 1961, doesn't make any ...

The Union Finance Minister has presented her 8 th consecutive Budget for the year 2025-26 on 1 st February, 2025 in the Parliament and also introduced Finance Bill, 2025 on the Lok Sabha. Along with ...

Aam Aadmi Party MP Raghav Chadha has said that reports indicate a decline in the spending capacity and consumption of the ...

The new bill proposes the application of TDS rules to various types of income, including salaries, professional fees, ...

When the Income Tax Act of 1961 came into being it had 880 pages. Over the years, the act contained several amendments introduced in the various budgets.

Budget 2025-2026 also announced at tax rebate for those earning up to Rs 12 lakh annually. The Bill removes exemptions and ...