In Union Budget for 2025-26 tabled on February 1, the finance minister had announced that no income tax will be payable on income up to Rs 12 lakh, providing significant relief to taxpayers, ...
After the Union Budget, the RBI did the job of aiding expenditure and consumption by cutting the benchmark interest rates on ...
The Union Cabinet approved the new Income Tax Bill on Friday, which is poised to replace the existing Income Tax Act of 1961.