Tax experts said based on an initial review, the new Income Tax Bill does not seem to introduce any significant changes to ...

Currently, the Income Tax Act refers to the year of earning taxable income as the ‘previous year’ and the year when the tax ...

The new Income-Tax Bill 2025, introduced by India’s Finance Minister, seeks to replace the 1961 Act, providing clearer tax ...

New Income Tax Bill retains provisions from 1961 Act, offers flexibility, transparency, and aims to simplify tax laws.

The new Income Tax Act 2025 is more exhaustive than its predecessor, with 536 sections and 16 schedules spread over more than ...

The introduction of the Income Tax Code 2025 marks a significant overhaul of India’s taxation framework, consolidating and amending the previous laws to enhance clarity, ...

The Income Tax Bill, 2025, will be tabled in Parliament on Thursday. Learn about its key highlights, including simplification ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

Tax planning done right can reduce your tax liability by up to 26%. Most people don’t know about the tax-saving opportunities they can use. A tax planner India helps you tap into these savings. The ...