Eitc 2025 Vs 2025 Tax Year. For the 2024 tax year, which will be filed in 2025, the eitc remains a crucial financial resource that can reduce the amount of taxes owed and potentially increase tax. As budget 2025 nears, more changes to the new tax regime are expected to simplify taxes and benefit salaried employees and pensioners.
Hereโs how the dtc differs from the income tax act of 1961: Finance minister nirmala sitharaman announced the imminent introduction of the direct tax code (dtc) 2025,.
