new income tax - Search News

Newspoint on MSN · 3h

New Income Tax Bill 2025: Big update on the new income tax bill, the bill can be presented in Parliament on this day, so know what will change.

Now soon you will not need to run to a chartered accountant, company secretary, or any tax practitioner or lawyer to understand your liability in income tax. It will be so easy that you will be able to understand at a glance and calculate the income tax according to your income and file ITR.

The Economic Times on MSN · 20m

New income tax bill: What it could mean for taxpayers and how it can impact them

Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025 on February 1, announced that she will table the new income tax bill in Parliament next week. Many taxpayers and common citizens anticipate the new income tax bill to know how it could impact them.

Newsweek on MSN · 1d

Social Security Bill Could See End to 'Double Tax' on Recipients

A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social Security benefits.

The Motley Fool on MSN · 1d

Social Security: The Stealth Way You May Be Getting Double Taxed

Millions of older Americans receive a Social Security payment each month. And for many people, those payments constitute the bulk of their retirement income. If you're someone who lives mostly on Social Security,

23h

New Income Tax Bill cleared by Cabinet: What is the New Income Tax Bill & why is it being introduced? Explained

The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...

21m

Tax Breaks: The IRS Is Still Open For Business Edition

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

The Financial Express2d

New Income Tax Bill unlikely to be tabled in Parliament this week! Here’s all you need to know

The new income tax law will replace the existing Income Tax Act of 1961. The tax Bill is being brought to make the tax ...

20h

New income-tax bill gets Cabinet nod; to be tabled in Parliament next week

The Bill will include the recent changes in income tax rates, slabs and TDS (Tax Deducted at Source) provisions will also be ...

1don MSN

New Income Tax Bill expected to be approved by Cabinet today; key details on what all it may cover

The proposed legislation, as announced by Finance Minister Nirmala Sitharaman during the Budget 2025, will prioritise ...

The Financial Express7h

New Income Tax Bill may be tabled in Parliament on Monday – How it will impact taxpayers

The revised tax system is set to be implemented starting from the fiscal year 2025-26, affecting taxpayers in the assessment year 2026-27.

Mayor Adams Champions Free Tax Services and Proposes Additional Tax Relief for NYC's Working Class

NYC's leadership promotes the "NYC Free Tax Prep" program to help residents save on tax filing fees and claim credits.

Union Cabinet Approves New Income Tax Bill To Replace Six-Decade-Old Law: Report

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the New Income Tax Bill on Friday (7 February), setting ...

2h

CBDT tax calculator: If your annual salary is Rs 15 lakh, which tax regime should you opt for - new tax or old tax?

In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

1don MSN

New Tax Regime: Should you opt for it over old tax regime? All about income tax slabs, exemptions and more

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

New vs old: Who benefits out of the new Income Tax announcement?

While a majority of the middle class is said to benefit out of the new tax regime, it takes away all the exemptions on ...

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