Income Tax Act 2024-25. Highlights include revised tax slabs, increased deductions, and simplified taxation. It also gives you a comparison of tax liability between the old.

Highlights include revised tax slabs, increased deductions, and simplified taxation. (1) any person, being a firm, responsible for paying any sum in the nature of salary, remuneration, commission, bonus or interest to a partner of the firm, shall, at the time of credit.