The proposed bill does not change tax rates. Instead, it focuses on three key improvements: simplifying language for better ...

The Income Tax Bill 2025 aims to enhance the tax environment for Non-Resident Indians (NRIs) by simplifying compliance and ...

A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...

Budget 2025: Consumer durables Index rises gained ... to 4% while Havells India Ltd was the other leader with similar gains. Analysts said that the revision in Income tax slabs will be positive ...

The minister, who tabled the union budget for the next financial year in the Parliament on 1 February, has brought down the income tax burden on a large section of the salaried taxpayers in India ...

The minister, who has just presented the Union Budget 2025-26, with significant income tax rebates ... while addressing the India Today-Business Today Budget Round Table 2025, elaborating measures ...

Under the revised income tax slabs, a tax payer in the new tax regime with an income of ₹ 12 lakh will get a benefit of ₹ 80,000 in tax (which is 100% of tax payable as per existing rates).

The Union Budget for the fiscal year 2025-2026 was presented on Feb 1st. The Parliament is now focusing on other key legislative discussions during the ongoing first phase of the budget session, which ...

The Government of India levies ... under the new income tax regime. The basic exemption limit is now INR 4 lakh, up from the previous limit of INR 3 lakh (explained in the table below).

INDIA TODAY’s first Union Budget coverage. Budget 1976 made for a refreshing departure from old ways of thinking and pushed ...

Finance Minister Nirmala Sitharaman introduced the new Income Tax Bill in Lok Sabha, aiming to simplify tax laws with clearer language and streamlined provisions. | One of India's leading Digital News ...