When Does New Tax Year Start 2025 In India

When Does New Tax Year Start 2025 In India. India’s tax structure evolves annually through the union budget. Understand the exemption limits, tax slabs, surcharges, and eligibility for.

This new tax code will replace the income tax act of 1961, bringing reforms and modernization to india’s tax system. On 21st august 2024, finance minister nirmala sitharaman during the 165th year of income tax in india introduced the forthcoming direct tax code (dtc).