income tax act 2025 ;changes for taxpayers and businesses......
income Tax Act 2025: Key Changes for Taxpayers & Businesse s India ne apna purana Income Tax Act 1961 retire karke ek naya aur simplified Income Tax Act 2025 introduce kiya hai. Yeh Act 11–21 August 2025 ke Parliament session me pass hua aur 1 April 2026 se lagu hoga . Iska main objective hai taxpayers ke liye compliance ko easy banana, digital transparency lana aur corruption ko kam karna. Is blog me hum detail me dekhenge ki naya Income Tax Act 2025 individual taxpayers aur businesses ke liye kya-kya changes lekar aata hai. 🔹 Why a New Income Tax Act? 1961 Act me 800+ sections the jo complex aur confusing the. Naye Act ko simplify karke: 536 sections , 23 chapters aur 16 schedules me restructure kiya gaya hai. Language aur format ko bhi user-friendly banaya gaya hai, jisse aam taxpayer bhi easily samajh sake. 🔹 Key Changes for Individual Taxpayers 1. Higher Exemption Limit Ab ₹12 lakh tak ki income tax-free hogi (effective ₹12.75 lakh standard deduct...