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Last Updated:August 22, 2025, 18:22 is The new Act removes redundant provisions and archaic language and cuts the number of Sections from 819 in the Income Tax Act, 1961, to 536 and the number of chapters from 47 to 23. Income Tax Act, 2025. The central government on Friday notified the Income Tax Act, 2025,…
Last Updated:August 15, 2025, 10:07 is The tax department announced Updated Returns (ITR-U) for AY 2021-22 and AY 2022-23 for ITR-3 and ITR-4. ITR-3 is for business income, ITR-4 for presumptive taxation. Income Tax Return Filing 2025 Income Tax Filing 2025: The tax department has announced that the facility for filing Updated Returns for AY…
In the budget of 2025, the announcement of zero tax on income up to 12 lakhs looted all the members. But this exemption is only for those who choose the new tax regime. Far from giving relief to the Old Tax Reseam, the Finance Minister did not even mention. . Will the old tax regime…