New Income Tax Bill This Week: New tax law to change taxation rates? Get ready for THESE big changes
Sitharaman announced in her budget speech that the new Income Tax Bill will be introduced in Parliament "next" week. The ...
Finance minister Nirmala Sitharaman introduced several tax reforms in the Budget 2025 intended to benefit middle-class taxpayers, including senior citizens.
The government said it tried to allay the concerns of India's middle class, particularly income tax payers, in the Union ...
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Will Rs 12 lakh income qualify for zero tax even with capital gains?The biggest announcement was that individuals earning up to Rs 12 lakh would not have to pay any tax. But does this still apply if you have additional income from capital gains? Here is all you need ...
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Income Tax: Now how much tax exemption will be available on the income from FD, the government has fixed the new limit..Union Finance Minister Nirmala Sitharaman presented the budget for the financial year 2025-26 on Saturday. This is the first ...
An updated return, filed under Section 139 (8A), allows taxpayers to amend missed or incorrect income declarations. It can be ...
The new income tax bill will carry forward the same spirit of Nyaya (Hindi word for justice) which was carried in Bharatiya ...
Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...
Learn how salaried individuals with annual income up to ₹13.7 lakhs can make their income tax-free using NPS & standard ...
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