Union Cabinet clears new Income Tax Bill 2025 to replace existing Income Tax Act-1961: Report
The main objective of the bill is to streamline and modernise India's tax system by simplifying legal language to ensure that ...
New Income Tax law explained: No new taxes, simple read for common man
The new Income Tax Bill aims to replace the outdated 1961 Act, simplifying direct tax laws, reducing ambiguities, and curbing ...
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Earned Income Tax Credit (EITC) 2024 and 2025: How Much Will You Get?
What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...