Tag: new income tax bill

Hope to introduce new income tax bill in Lok Sabha next week: Nirmala Sitharaman

February 8, 2025 admin

Union Finance Minister Nirmala Sitharaman, Reserve Bank of India Governor Sanjay Malhotra and Directors during the 613th Meeting of Central Board of Directors (CBD) of the RBI in New Delhi on February 8, 2025. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on Saturday (February 8, 2025) said she is likely to introduce the new…

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Cabinet clears new income tax bill

February 7, 2025 admin

Finance Minister Nirmala Sitharaman had announced in Budget 2025 that the new tax bill will be introduced in the ongoing session of Parliament. | Photo Credit: Getty Images/iStockphoto The Union Cabinet on Friday (February 7, 2025) approved the new income tax bill, which will replace the six decades old I-T Act, sources said. The new…

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Income Tax slabs 2025: No income tax payable on income up to ₹12 lakh, says Nirmala Sitharaman during Budget 2025

February 1, 2025 admin

Govt. proposes nil tax on income up to ₹12 lakh per annum under New Tax Regime, Finance Minister Nirmala Sitharaman said in her Union Budget 2025 speech in the Parliament, in New Delhi on February 1. 2025.. (Representational image) In the most anticipated announcement this Union Budget 2025, Finance Minister Nirmala Sitharaman announced there would…

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