Is There New, 'Simpler' Income Tax Act In Budget 2025? What Sources Said
The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...
Budget 2025 income tax: Why standard deduction should be hiked under new tax regime
Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a t ...
Income Tax Expectations Highlights (January 28): Will Union Budget 2025 scrap old tax regime?
Income Tax Expectations Latest News Today (January 28): Tax experts widely anticipate revisions to the income tax slabs under ...
Budget 2025: 3 income tax changes by FM Nirmala Sitharaman that could benefit the middle class
As Budget 2025 draws near, middle-class taxpayers are looking forward to possible income tax revisions that could provide ...
Will Budget 2025 extend the July 31 income tax return filing deadline, offering relief to salaried and other taxpayers?
In addition to tax cuts, there is a desire for simplification of the tax filing process. Taxpayers have been requesting ...
Budget 2025: Will FM Nirmala Sitharaman bid goodbye to the old income tax regime? All eyes on February 1 announcements
With the Budget 2025 deadline nearing, the buzz is that the old income tax regime may be scrapped. Analysts point to the ...
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Budget 2025: Will Income Tax Act get simpler? Changes to watch out for
The current income-tax law is complex for average taxpayers due to its technical jargon and numerous provisos, circulars, and ...
Budget 2025: Expected 25% tax rate for the middle class, with no tax on income up to Rs 8 lakh
Recent reports suggest that the upcoming Union Budget 2025-26 may bring about major changes, including the possibility of ...
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Union Budget 2025: Taxpayers pin hopes on Income Tax relief
India's upcoming budget may revise income tax slabs, raising exemption limits. Experts suggest major relief for salaried ...
Budget 2025 income tax: Raise 30% income tax slab; provide flat 30% deductions on gross income - here’s why
Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh ...
Is a simpler income tax system coming this Budget?
Finance Minister Nirmala Sitharaman is reportedly going to announce a new bill introducing a new income tax system to simplify tax laws during the Budget Session, which starts tomorrow. But what do we ...
Income Tax on Bitcoin: Will Budget 2025 raise tax on Bitcoin ETFs from 12.5% to a flat 30%?
Cryptocurrencies and NFTs are categorised as Virtual Digital Assets, and Section 2(47A) was added to the Income Tax Act to ...