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The new Income Tax Bill brings significant changes to the taxation system, aiming to
make it fairer, more transparent, and easier for taxpayers and businesses to navigate.
The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points (bps), bringing it down to 6.25%. This marks the first rate cut in nearly five years.
For Middle-Class Individuals
For Businesses
The Income-Tax Bill (ITB) 2025 has 536 sections spread over 23 chapters and 16 schedules in 622 pages. In contrast, the Income Tax Act (ITA) 1961 has 819 sections and 11 schedules spread over 823 pages.
The accuracy of your accounting system depends on correctly entering data, categorizing items properly, and following accounting principles.
For Middle-Class Individuals
For Businesses
The new Income Tax Bill brings significant changes to the taxation system, aiming to
make it fairer, more transparent, and easier for taxpayers and businesses to navigate.
The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points (bps), bringing it down to 6.25%. This marks the first rate cut in nearly five years.
For Middle-Class Individuals
For Businesses