2025 tax slabs

New Income Tax Bill To Come Into Effect From April 1, 2025; Here Are The Key Highlights That You Must Know

The government has released the much-anticipated Income-Tax Bill, 2025, which is set to be tabled in Parliament on February 13. The proposed bill aims to simplify tax laws, modernize compliance structures, and introduce new provisions to align with the evolving financial landscape. The bill is structured into 23 chapters, 16...

Understanding India’s New Tax Regime: Key Changes And Benefits In 2025

In 2020, the Government of India introduced a new tax regime aimed at simplifying the tax structure. This new system offered concessional tax rates but removed most of the deductions and exemptions that taxpayers were used to. However, taxpayers were given the option to choose between the new tax regime...