India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 97.5% ...

Finance Minister Nirmala Sitharaman to introduce new income tax bill, replacing old I-T Act, after Cabinet approval.

Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.

Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

The income tax rebate under the new tax regime has been raised to Rs 12 lakh per annum from Rs 7 lakh along with a reduction ...

The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

The Union Cabinet approved the new Income Tax Bill on Friday, which is poised to replace the existing Income Tax Act of 1961.

Under the new tax regime, the government has also introduced new tax slabs, lowering the tax burden on middle-income earners.

Finance Minister Nirmala Sitharaman announced the introduction of a new income tax bill in the Lok Sabha next week, replacing ...

The Reserve Bank of India has reduced the repo rate by 25 basis points to 6.25%, aimed at boosting economic growth and easing ...

In 2014, taxpayers were exempt from tax on income up to Rs 2 lakh. Budget 2025 has significantly expanded this relief to Rs ...

Finance Minister Nirmala Sitharaman has proposed significant tax reforms for middle-class taxpayers in India. With zero tax on incomes up to ₹12 lakh and reduced rates for higher brackets, here’s how ...