Kenya’s Treasury is considering using existing tax rates to finance the 2025/2026 budget, signaling a move to sustain revenue ...

Different indirect taxes were subsumed in the Goods and Services Tax, which took effect on July 1, 2017. The new Income Tax ...

The tax rates are structured progressively, with higher rates applied to higher income slabs. This new regime is designed to benefit middle-income earners the most, offering substantial savings ...

The essence of the Bill remains the same and the existing tax base, tax rates, computation mechanism etc. have been largely ...

Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...

New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

Amidst the 2024 tax season, if you're keeping an eye on your taxes for next year, you're still keenly interested in what your ...

Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...

The government on Thursday tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernize definitions, and provide more clarity on various tax-related matters. This new bill, tabled ...

Ajay Seth, Secretary, Department of Economic Affairs (DEA), said rather than promoting specific savings instruments, the ...