Budget 2025 increased the tax rebate limit under the new regime to ₹12 lakh from FY26. If trends from previous years continue ...
Finance Minister Nirmala Sitharaman announced during Budget 2025-26 that the New Income Tax Bill would be presented in the ...
The main goal of the new bill is to streamline the existing Income Tax laws, making them more transparent and concise to ...
In July 2024, the government announced a review of the Income-tax Act, 1961, aiming to simplify it for taxpayers. A KPMG ...
Nirmala Sitharaman, the finance minister of India, announced in the Union Budget 2025 a tax benefit for parents and guardians who are contributing to the NPS Vatsalya scheme.
A major focus of the new tax bill is likely to be on lowering the number of such disputes by clearly defining provisions and ...
The rules will set the template for tax officials to understand the extent of profits that can be taxed, taking into ...
Lok Sabha MP Manish Tewari has submitted an adjournment motion notice in the Lok Sabha to discuss the issue of the ...
The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...
Moving states can sometimes pay off during tax season. This was certainly the case for Amazon founder Jeff Bezos, who saved an estimated $1 billion in taxes in 2024 by moving from Washington ...
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