India’s new Income Tax Act will take effect from April 1, bringing simplified compliance, a tax year system, and reduced litigation while keeping existing tax slabs unchanged for now.
India's Income-tax Act, 2025 simplifies tax law with fewer sections, clearer rules, digital processes, and higher exemptions, ...
(ii)50% of salary* in case of employees residing in the four metro-cities (Mumbai, Kolkata, Chennai, and New Delhi excluding the NCR region - Gurgaon, Noida and Faridabad) and 40% of salary in case of ...
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