New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media ...

The Income Tax Act 2025 will replace the current Income Tax Act 1961. As the current income tax laws will change, many ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

In Capital Property Consultants Vs ACIT, the Delhi High Court dealt with the issuance of multiple notices under Section 148A(b) of the Income Tax Act, 1961, highlighting procedural lapses by the ...

ITAT Surat observed that both the Assessing Officer (AO) and CIT (A) had passed ex-parte orders, leading to an unfair assessment process. The tribunal highlighted that the AO had directly added the ...

Salaried individuals can achieve zero tax on annual income up to ₹13.7 lakh through standard deductions and investments in ...

Live: Union finance minister Nirmala Sitharaman presented the first full budget of Modi government 3.0. Sitharaman announced ...

Read the Latest Union Budget 2025 News on The Economic Times. Discover Latest Budget Updates, India Budget Expectations, ...

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

Also, note that employers are required to send employees their W-2 and 1099 income tax forms by the end of January. When is the deadline for filing a 2024 tax return with the IRS? The official ...

Finance Minister Nirmala Sitharaman presents growth-focused Budget with tax reforms, MSME support, and infrastructure ...