The Union Cabinet is expected to approve the new Income Tax Bill, potentially leading to its introduction in the Lok Sabha ...
The bill will not introduce new taxes. Instead, it will focus on simplifying tax laws, reducing legal complexities, and ...
High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...
The Budget 2025 introduces significant reforms in personal income tax, aimed at providing relief to middle-class taxpayers ...
Summary: The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, focused on reforms in taxation, agriculture, MSMEs, and exports. Direct tax proposals included no tax on incomes up to ...
Apart from tax relief provisions, the bill may introduce several structural and linguistic reforms. Such as replacing the term “Assessment Year” with “Tax Year”, eliminating British era references ...
Finance Minister Nirmala Sitharaman has announced changes to the income tax slabs in the new regime. As per the changes, ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
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 ...
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Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.
N18G India’s Finance Minister Nirmala Sitharaman is set to present the Union Budget 2025-26 on February 1, marking her eighth ...
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