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Income Tax Act 2025: What Changed for Indian Taxpayers The Income Tax Act 2025 replaced the 55-year-old 1961 Act on 1 April 2026. Here is what changed, what stayed the same, and what it means for your tax bill this year.
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The Income Tax Act 2025 replaced the 55-year-old 1961 Act on 1 April 2026. Here is what changed, what stayed the same, and what it means for your tax bill this year.
The new tax regime is now the default for every Indian taxpayer. Here are the exact slab rates for FY 2026-27, who pays what, and how to calculate your tax in under two minutes.
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