Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard ...

The new Income Tax Bill 2025 consolidates salary provisions for clarity, incorporating previous deductions into the salary ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...

The essence of the Bill remains the same and the existing tax base, tax rates, computation mechanism etc. have been largely ...

The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.

This new bill, tabled in Lok Sabha by Finance Minister Nirmala Sitharaman, seeks to replace the existing Income Tax Act, 1961 ...

Simplified Income Tax Bill brings in 'tax year' concept; omits 'previous year', obsolete clauses (Eds: Updating with details) ...

New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...