New Income Tax Bill 2025: This may still undergo several changes sooner than later
However, it is noteworthy that the current Bill is expected to undergo a lot of changes since the income tax portal is still ...
Won case against income tax department but still waiting for benefit? No more delay after an update in ITR portal
Faster tax refunds, tax demand notice deletion, and more can now be expected as I-T dept updates the ITR portal for online ...
I-T dept launches calculator for information about new tax regime
The new tax regime – the default – offers a basic exemption limit of Rs 3 lakh for all individuals, regardless of age. This ...
New Income Tax Bill 2025 proposes 'tax year' concept, easier terminologies
The new legislation will replace the Income Tax Act of 1961. Once passed, it will be called the Income Tax Act, 2025 ...
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Tax Calculator: Income tax dept unveils calculator for taxpayers to assess savings under new regime
This tool allows individuals to compare their tax liability under both the old and new tax regimes by entering their income ...
New Income Tax Bill to have 622 pages, 536 sections; likely to be tabled in Parliament on Februry 13
Simplified Income Tax Bill 2025 with 536 sections and 23 chapters to replace the complex Income Tax Act, 1961.
New tax regime tax calculator: Income Tax dept launches tax calculator to help taxpayers calculate their tax savings
The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the ...
Proposed Income Tax Act to do away with ‘previous year’ concept
The Bill once enacted will replace six-decade old Income Tax Act 1961, which over the years became bulkier and complex with ...
New Income Tax Bill To Be Tabled In Parliament On Thursday: Sources
A new Income Tax bill -- promised by Union finance minister in her last year's budget -- will be tabled in parliament on ...