The Income Tax Act 2025 will replace the current Income Tax Act 1961. As the current income tax laws will change, many ...

Currently, the Income Tax Act refers to the year of earning taxable income as the ‘previous year’ and the year when the tax ...

Amid the new Income Tax Bill 2025, we answer some FAQs on tax slabs, old vs new regime, the new income tax rules, exemption ...

Budget 2025-2026 also announced at tax rebate for those earning up to Rs 12 lakh annually. The Bill removes exemptions and ...

The government is expected to introduce the Income Tax Bill 2025 on February 13, aiming to simplify tax laws and enhance compliance.

One significant amendment in the revised Income Tax Bill is the introduction of the term 'tax year', which replaces the ...

Support soars for petition meaning that MPs could debate tax freeze which is 'unfairly targeting the poorest paid' in Commons ...

The new Income Tax bill is set to introduce the concept of 'Tax Year'. This will replace the current concept of assessment ...

Aimed at overhauling the nation’s tax system, the Income Tax Bill 2025 seeks to eliminate obsolete sections that have ...

As per the new tax bill, 'undisclosed income' includes 'money, bullion, jewellery, virtual digital asset or other valuable ...

The Income-Tax Act, of 1961, uses "assessment year" and "previous year" for filing returns. In the new bill, 2025, the tax ...

The new income tax bill is expected to be introduced in Parliament on Thursday, 13 February. The bill will introduce a new ...