India's new Income Tax Act, 2025, will replace the 1961 law from April 1, 2026. Learn about key changes, including the "tax year" concept and simplified ...

Income Tax: The last date to file the income tax return (ITR) for FY 2024-25 will soon expire on September 15. If you have ...

Here are the states where income taxes will be cut starting on Jan. 1, 2025, based on the Tax Foundation's analysis.

A key change in the Income Tax Act 2025 is the removal of ambiguity between assessment year (AY) and financial year (FY), ...

President Droupadi Murmu's assent to the Income Tax Act, 2025, marks a significant tax reform in India. Effective April 1, ...

The trend of states moving toward lower and flatter income tax rates has continued apace in 2024, is poised to persist into 2025 and beyond.