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new tax regime
About this tag
The tag 'new tax regime' on WindowsForum.com covers India's 2025 tax overhaul, including the new Income Tax Act 2025 replacing the 1961 act, revised personal tax slabs where individuals earning up to ₹12 lakh (₹12.75 lakh for salaried) pay no tax under the new regime, and GST rationalisation consolidating rates into two primary slabs of 5% and 18% from September 2025. Discussions focus on how these changes affect taxpayers and businesses filing in India.
The Indian tax landscape is changing in ways that will matter to nearly every taxpayer and business that files in India: Parliament has enacted a new statutory framework called the Income‑tax Act, 2025, to replace the six‑decade‑old Income‑tax Act, 1961, and the government’s 2025 Budget reworked...