Is There New, 'Simpler' Income Tax Act In Budget 2025? What Sources Said
The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...
Income Tax Budget 2025: Will Nirmala Sitharaman offer solace to taxpayers with higher exemption limits, revised slabs?
Budget 2025 is anticipated to provide tax relief for salaried individuals. Proposals include raising the tax-free income ...
Budget 2025: 3 income tax changes by FM Nirmala Sitharaman that could benefit the middle class
As Budget 2025 draws near, middle-class taxpayers are looking forward to possible income tax revisions that could provide ...
Will Budget 2025 extend the July 31 income tax return filing deadline, offering relief to salaried and other taxpayers?
In addition to tax cuts, there is a desire for simplification of the tax filing process. Taxpayers have been requesting ...
Budget 2025: Sitharaman expected to tweak income tax structure, increase exemptions
With eyes on the middle class, Union Finance Minister Nirmala Sitharaman is expected to tweak the income tax structure and ...
Budget 2025: Will FM Nirmala Sitharaman bid goodbye to the old income tax regime? All eyes on February 1 announcements
With the Budget 2025 deadline nearing, the buzz is that the old income tax regime may be scrapped. Analysts point to the ...
The Financial Express1d
Budget 2025 Expectations: Will FM Sitharaman tweak income tax slab, boost consumption? A look at key expectations from Budget
Expectations, Income Tax Revise, Real Estate Sector, Education Sector: Finance Minister Nirmala Sitharaman is expected to ...
Budget 2025 income tax: Why standard deduction should be hiked under new tax regime
Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a t ...
Is a simpler income tax system coming this Budget?
Finance Minister Nirmala Sitharaman is reportedly going to announce a new bill introducing a new income tax system to simplify tax laws during the Budget Session, which starts tomorrow. But what do we ...
India Today on MSN1d
Budget 2025: Will Income Tax Act get simpler? Changes to watch out for
The current income-tax law is complex for average taxpayers due to its technical jargon and numerous provisos, circulars, and ...
Budget 2025 income tax: Raise 30% income tax slab; provide flat 30% deductions on gross income - here’s why
Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh ...
Tax Slab Expectations: Meaningful tax relief, basic exemption limit to Rs 5 lakh, slash number of TDS rates in Budget 2025
The current income tax slabs introduced for FY 2024-25 were designed to alleviate the tax burden on average taxpayers.