Download the Policybazaar app
to manage all your insurance needs.
Income Tax Bill 2025
A major change in India's direct tax laws is underway. The Lok Sabha has passed the Income Tax Bill, 2025, which will replace the 63-year-old Income-Tax Act, 1961. The changes are aimed at making the tax system more transparent and taxpayer-friendly. It allows individuals to claim refunds even with delayed filings and clarifies the rules for deductions on house property and commuted pensions. The bill also provides relief to charitable trusts by reinstating their ability to reinvest capital gains.
- 4.8++ Rated
- 13.2 Crore Registered Consumer
- 53 Partners Insurance Partners
- 6.29 Crore Policies Sold
Tax Saving Plans
- Get Returns That Beat Inflation
- Zero Capital Gains tax¶
- Save upto Rs 46,800In Tax under section 80C^
We are rated++
13.2 Crore
Registered Consumer
53
Insurance Partners
6.29 Crore
Policies Sold
Get Instant Tax Receipts
Save Upto ₹46,800 in Taxes Under Section 80C^
-
Home
-
Income Tax
- Income Tax Bill 2025
For businesses, the bill removes the controversial proposal to levy an Alternate Minimum Tax on LLPs. While it modernizes the tax code by introducing a single 'tax year', removing the concept of financial and assessment year. It also expands the powers of tax officials to access a person's digital accounts during search operations.
The bill will now move to the Rajya Sabha for approval and is scheduled to come into force from April 1, 2026.
Income Tax Returns & eFiling
Income Tax Calculator - Old vs New Regime
Income Tax Return Filing
Income Tax Refund Status: Check ITR Refund
Income Tax Return Form: How to download ITR Forms
How to Check ITR-V Receipt Status?
Income Tax Filing For the Freelancers
Income Tax Form 16
Income Tax for NRI in India
Tax Saving via NPS, ELSS, PPF, MFs
Tax Saving Investments
NPS Calculator
How to Open NPS Account Online
Equity Linked Savings Scheme Funds 2026
Steps to Invest in ELSS Funds
PPF Calculator
PPF Interest Rate 2026 - All You Need to Know
PPF or Public Provident Fund Account: A Complete Guide
Income Tax Section 80 & HRA
Section 80C
Income Tax Deductions
Section 80D
Section 80U
Income Tax Rebate in India
Income Tax Exemptions
HRA Calculator
House Rent Allowance
Tax Slab Rates & Saving Tips
Tax Saving - How to Save Income Tax For FY 2025-2026
How to Pay Income Tax Online in India 2026
Income Tax Slab Rates for FY 2025-2026 (AY 2026-2027)
Advance Tax Payment
How to Save Tax on Salary?
- SIP Calculator
- Income Tax Calculator
- Compound Interest Calculator
- NPS Calculator
- Show More Calculator
Income Tax articles
Recent Articles
Popular Articles
24 Mar 2026
The HSBC Zero Balance Savings Account is a basic savings account
24 Mar 2026
The IDBI Bank Zero Balance Savings Account facilitates financial
23 Mar 2026
The Federal Bank Zero Balance Savings Account allows customersExplore the popular searches and stay informed
- LIC
- Investment Plan
- Annuity Plan
- Child Plan
- Pension Plan
- ULIP Plan
- Child Investment Plan
- SIP
- LIC Calculator
- SIP Calculator
- SBI SIP
- ULIP Calculator
- Sukanya Samriddhi Yojana
- Best SIP Plans
- Retirement Planning
- SBI SIP Calculator
- HDFC SIP Calculator
- Sukanya Samriddhi Yojana Interest Rate
- NPS Interest Rate
- Deferred Annuity Plans
- SBI Annuity Deposit Scheme Calculator
- Immediate Annuity Plans
- Post Office Child Plan
- Prime Minister Schemes For Boy Child
- Government Schemes for Girl Child
- 50k Pension Per Month
- Atal Pension Yojana Calculator
- Best Pension Plan in India
- CIBIL Score
- 1 Crore Term Insurance
- Best Term Insurance Plan
- Term Insurance for Women
- Term Insurance for NRI
- Term Insurance
- Term Insurance Calculator
- Life Insurance
- Term Insurance with Return of Premium
- Whole Life Insurance
- Term Insurance vs Life Insurance
- What is Term Insurance
- Life Insurance Calculator
- 5 Crore Term Insurance
- 2 Crore Term Insurance
- Term Insurance for Housewife
- Benefits of Term Insurance
- Term Insurance Terminology
- Medical Tests for Term Insurance
- Term Insurance for Self Employed
- Claim Settlement Ratio
- 10 Crore Term Insurance
- Term Insurance for Smokers
- 1.5 Crore Term Insurance
- Zero Cost Term Insurance
- Insurance Advisor
- Home Loan Insurance Calculator
- FIRE Calculator
- EMI Calculator
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ