All FAQs on tax slabs, old vs. new regime and more answered

Have income tax slabs for FY 2025-26 in new, old tax regime changed in new Income Tax Bill?
The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many taxpayers are worried that the new tax bill has made any changes in the income tax slabs under old and new tax regimes.
Income Tax Slabs and Rates: New Regime Vs Old Regime
Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget 2025. A comparison between the new and old tax regimes will help determine which one benefits you the most.
New Income Tax Bill 2025: All FAQs on tax slabs, old vs new regime and more answered
Amid the new Income Tax Bill 2025, we answer some FAQs on tax slabs, old vs new regime, the new income tax rules, exemption limits and more.
New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in the Lok Sabha on Thursday, February 13, 2025. Once enacted, the proposed bill will replace the six-decade-old Income Tax Act of 1961, which has become increasingly complex and cumbersome due to numerous amendments.
Income Tax Slab For [FY 2025-26]
The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier to calculate and file taxes,
Still Calculating Your Tax Under New Slabs? Three Questions About New Tax Regime Answered
The relief applies only to those who have opted for the new tax regime, it has sparked numerous questions about its real benefits. Here's a layman's explanation to help understand the changes.
Revised Income Tax Slabs, Old Regime vs New Regime? Top Questions Answered
The highlight of Finance Minister Nirmala Sitharaman's eighth consecutive Budget is the relief to middle-class taxpayers from the salaried class. But the Budget speech, which also announced revised tax slabs,
Should you choose new tax regime over old? All your questions on income tax answered
Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering if the new regime will leave you with more money in hand. We have the answe
India to present new bill in Parliament to replace decades-old income tax law
India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of litigations.
When is new Income Tax Bill likely to come into effect?
Once the new income tax bill is passed by Parliament, many taxpayers and common citizens will wonder when it will come into effect. Will the government provide ample time for taxpayers, tax experts and other stakeholders to understand the new law and its impact on them?
Budget 2025: Tax-free income limit under new regime rises to Rs 12 lakh
Union Finance Minister (FM) Nirmala Sitharaman, who presented her eighth consecutive Union Budget on February 1, streamlined ...
New Income Tax Bill 2025 LIVE Updates: FM Nirmala Sitharaman introduced new I-T Bill in Lok Sabha
New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...