Tag: Income tax updates

new-ncome-tax-bill-2025-to-replace-ncome-tax-act-1961

New Income Tax Bill 2025 to Replace Income Tax Act-1961

The Union Cabinet has recently given the green light to a groundbreaking new Income Tax Bill in 2025, poised to replace the long-standing Income Tax Act of 1961. This significant move aims to revolutionize...
government-proposes-ncome-tax-relief-with-raised-threshold-and-restructured-slabs

Government Proposes Income Tax Relief with Raised Threshold and Restructured Slabs

NEW DELHI: The government is considering a proposal for income tax relief in the upcoming Budget, aiming to raise the threshold and restructure tax slabs without introducing concessions in the new tax regime. Analysts...

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