Tax Bill, Income

New Income Tax Bill 2025 Highlights: FM Nirmala Sitharaman introduced new I-T Bill in Lok Sabha
New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok Sabha on Thursday. The I-T bill was announced during her Budget speech on February 1 and was approved by the Cabinet on February 7.
Income Tax Bill 2025: Key changes every taxpayer needs to know; check details
The income tax return filing deadlines, income tax slabs, and capital gains taxations remain unchanged, as outlined in Budget 2025, to provide tax certainty for taxpayers.
New Income Tax Bill 2025: What changes, what remains, and how it may impact taxpayers
One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively replacing the term “assessment year.”
New Income Tax Bill 2025: FAQs issued on provisions for salaried taxpayers, virtual digital assets & more — details
The new Income Tax Bill 2025 consolidates salary provisions for clarity, incorporating previous deductions into the salary chapter and simplifying TDS/TCS with tables. It aims to eliminate redundancy and enhance readability while maintaining the scope of existing tax provisions.
New Income Tax Bill 2025 Live Updates: Sitharaman may table new I-T Bill today - Check direct tax code, new vs old tax slabs & more
The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.
What’s new in the Income Tax Bill, 2025
The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining continuity in most aspects. There are no major tweaks in penalty or compliance provi
What changes in the new Income Tax Bill 2025? Key highlights explained
Simplified Income Tax Bill brings in 'tax year' concept; omits 'previous year', obsolete clauses (Eds: Updating with details)
New Income Tax Bill 2025: FM Nirmala Sitharaman tables the new income tax bill in Lok Sabha
This new bill, tabled in Lok Sabha by Finance Minister Nirmala Sitharaman, seeks to replace the existing Income Tax Act, 1961 and introduce changes that affect different categories of taxpayers, including individuals, businesses, and non-profit organizations.
Income Tax Dept releases FAQs on new Income Tax Bill, 2025: Check details
During the course of numerous amendments to the Income tax Act, 1961, several policy decisions were incorporated as separate provisions. Read below to know more about the Income Tax Bill 2025.
FM Sitharaman tables new Income Tax bill in Lok Sabha, virtual assets like crypto defined under income from other sources
The government on Thursday tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernize definitions, and provide more clarity on various tax-related matters. This new bill, tabled in Lok Sabha by Finance Minister Nirmala Sitharaman,
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2025 Federal Tax Brackets: Your Paycheck May Be Bigger. Here's Why
Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard ...
Young and the Invested on MSN8d
How Do the 2025 Tax Brackets Compare to the 2024 Brackets?
Amidst the 2024 tax season, if you're keeping an eye on your taxes for next year, you're still keenly interested in what your ...
Early tax refunds arriving now, but IRS saw far fewer returns filed in first week
IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...