The new Income Tax Bill has been tabled in Parliament today. The new Income Tax bill, effective from April 1, 2026, will replace the current Income Tax Act 1961. The new bill aims to simplify the ...

Many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is ...

Income Tax Budget 2024: The FM has given some relief to taxpayers by hiking tax slabs for personal income tax. The new tax slab will now have nil tax up to an income of ₹3 lakh, like the ...

NO income tax till ₹12 lakh: A look at the new tax slabs vs. current tax slabs Income Tax 2025: The 2025-26 Union Budget, presented by Finance Minister Nirmala Sitharaman, focuses on relieving ...

Here are the current tax slabs till now before the Budget 2025: Income up to Rs 3 lakh: Nil Income from Rs 3,00,001 to Rs 7 lakh: 5% (tax rebate under Section 87A up to Rs 7 lakh) ...

CBDT extends ITR filing deadline to Sept 15, detailing penalty waivers under Section 234A and unchanged advance tax penalties ...

The new tax slabs under the new income tax regime will be effective from April 1, 2024. (Assessment Year 2025-26). Proposed Tax Structure: ... Current Tax Structure: Income up to ...

Budget 2025: As Budget approaches, taxpayers are eagerly awaiting Finance Minister Nirmala Sitharaman's announcement on February 1, 2025, with hopes for significant income tax relief. Here's a ...