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Income Tax Act 2025: Major Updates & Insights The much-anticipated Income Tax Act 2025 has finally been presented in Parliament on February 13, 2025. A dedicated committee is reviewing the bill and will submit its report by the first day of the Monsoon Session. With a significant overhaul in structure, language simplification, and new provisions, this law is expected to transform India’s tax system. Taxpayers, professionals, and students preparing for taxation-related exams should take note of these crucial changes. In this article, we’ll explore key provisions, objectives, and the impact of the new law. You can also download the Income Tax Act 2025 PDF for a complete understanding of the latest tax framework. Effective Date of Implementation One of the primary concerns for taxpayers is the applicability of the new law. The Income Tax Act 2025 will officially come into effect from April 1, 2026 . This means the first financial year to be taxed under the new system will be FY 202...

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How to Get Canva Pro Free in 2025 – Best Methods & Benefits Canva Pro has revolutionized the way individuals and businesses create stunning designs. With its easy-to-use interface and powerful tools, it offers unmatched convenience for graphic designers, marketers, and content creators. But did you know that you can access Canva Pro free in 2025? If you're looking to enhance your designs without paying for a subscription, this guide will walk you through various ways to get Canva Pro free and enjoy its premium benefits. What is Canva Pro? Canva Pro is the premium version of Canva, offering advanced design tools, unlimited templates, and exclusive features. It includes background remover, brand kits, custom fonts, and Magic Resize, making it an essential tool for businesses and freelancers. With Canva Pro , users can create professional designs effortlessly without investing in expensive software. Benefits of Canva Pro in 2025 Canva Pro provides numerous advantages that...

The Direct Tax Code 2025 is set to replace the outdated Income Tax Act of 1961, bringing long-awaited reforms to India's tax system. With a planned rollout in April 2025, this new code aims to simplify taxation, increase compliance, and modernize the regulatory framework. After years of development and delays, the Direct Tax Code 2025 is a significant step toward making tax laws more transparent and efficient. Why Was the Direct Tax Code 2025 Introduced? The need for a Direct Tax Code arose due to the complexities and outdated provisions of the Income Tax Act of 1961. The previous tax system had become overly intricate, with numerous exemptions, deductions, and provisions, which often led to confusion and non-compliance. Additionally, the government aimed to broaden the tax base, as only about 1% of India's population currently pays taxes. With the introduction of the Direct Tax Code 2025 , the government seeks to increase this number to 7.5%, significantly boosting tax rev...