Which Deductions available in New Tax Retime after Budget 2025?
The Budget 2025 has brought significant updates to the new tax regime under Section 115BAC, impacting both individual and business …
Income Tax
Union Cabinet approves New Income Tax Bill
The Union Cabinet on Friday approved the new Income Tax Bill, reported PTI citing sources. The bill, which will replace …
No Tax on Rental Income of ₹20 Lakh by Budget 2025 – Here’s How!
Budget 2025 has introduced significant changes in the new tax regime, making rental income more tax-efficient than ever. With the …
NPS can allow you to save tax even above ₹12 lakh exemption limit?
Finance Minister Nirmala Sitharaman in the Budget 2025 announced that individuals earning up to ₹12 lakh would be exempt from …
MSME New Limits After Budget 2025
The Government of India has consistently emphasized the growth of Micro, Small, and Medium Enterprises (MSMEs) as a critical driver …
Old tax regime to stay, but why would anyone want it now: CBDT chairman
 New Delhi: The proposed new income tax law will be “user-friendly” and easy to comprehend, without redundant provisions of …
Tax changes in budget will increase bank deposits by ₹40,000-45,000 crore: DFS secretary M Nagaraju
 The finance ministry expects ₹40,000-45,000 crore to flow into banks as deposits from the various tax changes announced in …
Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal | Mint
 The days of intrusive tax scrutiny and compliance enforcement are over and tax administration will be based purely on …
Budget 2025: Tax on long-term capital gains for FIIs raised to 12.5%
 New income tax bill The government has proposed an increase in the tax rate on long-term capital gains for …
Income tax: 90% or more taxpayers may shift to new regime, says CBDT chief on Budget
 The Budget announcement of zero tax for earnings upto ₹12 lakh per annum and the rejig of tax slabs …
