What is new Income Tax Bill announced by Finance Minister Nirmala Sitharaman and why it will replace the Income Tax Act
The new income tax bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...
Lower earners can see ‘five-figure refunds' from these tax credits, expert says. Here's who qualifies
The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...
NextBigFuture1d
Could DOGE End Individual Income Taxes and Eliminate the IRS?
The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 ...
The Financial Express1d
New Income Tax Bill likely to be introduced this week – All your FAQs answered
The new Income Tax Bill will exclude outdated provisions, reduce the total number of sections, and introduce clearer language ...
New income tax bill: What it could mean for taxpayers and how it can impact them
Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025 on February 1, announced that she will table the ...
Budget 2025: New Income Tax bill will be clear and direct, says Nirmala Sitharaman. What does this mean?
New Income Tax Slabs in Budget 2025: During her presentation of the Union Budget for 2025-26, Finance Minister Nirmala ...