New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

The essence of the Bill remains the same and the existing tax base, tax rates, computation mechanism etc. have been largely ...

The income tax return filing deadlines, income tax slabs, and capital gains taxations remain unchanged, as outlined in Budget ...

The new Income Tax Bill 2025 consolidates salary provisions for clarity, incorporating previous deductions into the salary ...

Different indirect taxes were subsumed in the Goods and Services Tax, which took effect on July 1, 2017. The new Income Tax ...

Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

East Penn School District is looking at a possible property tax increase to tighten a projected $3.1 million deficit in its ...

The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...

The tax rates are structured progressively, with higher rates applied to higher income slabs. This new regime is designed to benefit middle-income earners the most, offering substantial savings ...

The government on Thursday tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernize definitions, and provide more clarity on various tax-related matters. This new bill, tabled ...