{"id":693,"date":"2023-06-09T16:31:22","date_gmt":"2023-06-09T16:31:22","guid":{"rendered":"https:\/\/vibrantfinserv.com\/kb\/?p=693"},"modified":"2025-03-22T12:12:39","modified_gmt":"2025-03-22T12:12:39","slug":"new-income-tax-law","status":"publish","type":"post","link":"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/","title":{"rendered":"Why was a new income tax law made instead of changing the old one in India?"},"content":{"rendered":"<h1 style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-18 alignleft\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/05\/Logo-Vibrant-FinServ-300x143.png\" alt=\"\" width=\"111\" height=\"53\" srcset=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/05\/Logo-Vibrant-FinServ-300x143.png 300w, https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/05\/Logo-Vibrant-FinServ.png 482w\" sizes=\"auto, (max-width: 111px) 100vw, 111px\" \/><\/h1>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/income-1.jpg\" alt=\"New income tax law\" width=\"371\" height=\"247\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#User_Intent\" >User Intent<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#Introduction\" >Introduction:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#Definition\" >Definition:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#Application\" >Application:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#Benefits\" >Benefits:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#Limitations\" >Limitations:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#Comparative_Table\" >Comparative Table:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#Conclusion\" >Conclusion:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#FAQs\" >FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#1_Why_did_India_replace_the_old_income_tax_law_instead_of_modifying_it\" >1. Why did India replace the old income tax law instead of modifying it?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#2_How_does_the_new_law_benefit_taxpayers\" >2. How does the new law benefit taxpayers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#3_Will_I_pay_more_tax_under_the_new_regime\" >3. Will I pay more tax under the new regime?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#4_How_does_the_new_tax_law_impact_businesses\" >4. How does the new tax law impact businesses?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#5_Will_this_law_eliminate_all_previous_tax-related_disputes\" >5. Will this law eliminate all previous tax-related disputes?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 data-pm-slice=\"1 1 []\"><span class=\"ez-toc-section\" id=\"User_Intent\"><\/span><strong>User Intent<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Users searching for this topic want to understand why India introduced a completely new income tax law rather than modifying the old one. They seek clarity on the implications, benefits, and limitations of the new law compared to the previous one.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Introduction\"><\/span><strong>Introduction:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Taxation plays a crucial role in any country\u2019s economic framework. In India, the income tax system has undergone a major transformation with the introduction of a new income tax law. Instead of amending the existing Income Tax Act, 1961, the government opted for an entirely new framework. But why was this drastic change necessary? In this article, we will break down the reasons behind this decision and analyze its applications, benefits, limitations, and comparisons.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Definition\"><\/span><strong>Definition:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>new income tax law<\/strong> refers to the updated taxation framework introduced to replace or significantly overhaul the Income Tax Act of 1961. It aims to simplify compliance, improve transparency, and align taxation policies with the modern economic environment.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Application\"><\/span><strong>Application:\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The application of the new income tax law is widespread, affecting individuals, businesses, foreign investors, and the government. Here\u2019s how it applies:<\/p>\n<ol start=\"1\" data-spread=\"true\">\n<li><strong>For Individuals:<\/strong>\n<ul data-spread=\"false\">\n<li>Offers a simpler tax structure with reduced exemptions.<\/li>\n<li>Provides an optional new tax regime with lower slab rates but no deductions.<\/li>\n<li>Aims to reduce tax evasion through digital tracking and transparency.<\/li>\n<\/ul>\n<\/li>\n<li><strong>For Businesses:<\/strong>\n<ul data-spread=\"false\">\n<li>Introduces streamlined tax rates for corporate entities.<\/li>\n<li>Eliminates redundant compliances and outdated provisions.<\/li>\n<li>Encourages ease of doing business with reduced litigation.<\/li>\n<\/ul>\n<\/li>\n<li><strong>For Foreign Investors:<\/strong>\n<ul data-spread=\"false\">\n<li>Aligns Indian taxation with global best practices.<\/li>\n<li>Introduces stability in policies to attract long-term investments.<\/li>\n<\/ul>\n<\/li>\n<li><strong>For the Government:<\/strong>\n<ul data-spread=\"false\">\n<li>Enhances tax collection through improved compliance.<\/li>\n<li>Reduces legal disputes with a more transparent framework.<\/li>\n<li>Introduces a more data-driven approach to policy-making.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Benefits\"><\/span><strong>Benefits:\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The introduction of a new income tax law instead of modifying the old one brings several advantages:<\/p>\n<ol start=\"1\" data-spread=\"true\">\n<li><strong>Simplification of Tax Structure:<\/strong>\n<ul data-spread=\"false\">\n<li>The previous law was complicated with numerous amendments.<\/li>\n<li>The new law eliminates redundant provisions and ensures clarity.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Reduction in Tax Evasion:<\/strong>\n<ul data-spread=\"false\">\n<li>The digital approach ensures better tracking of income sources.<\/li>\n<li>Stringent measures reduce loopholes exploited under the old law.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Ease of Compliance:<\/strong>\n<ul data-spread=\"false\">\n<li>Minimizes paperwork for individuals and businesses.<\/li>\n<li>Automates many tax-related processes using AI-driven assessments.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Economic Growth Encouragement:<\/strong>\n<ul data-spread=\"false\">\n<li>Lower tax rates for businesses lead to increased investments.<\/li>\n<li>A modern approach aligns with global economic trends.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Improved Dispute Resolution Mechanisms:<\/strong>\n<ul data-spread=\"false\">\n<li>Faster resolution of tax-related legal issues.<\/li>\n<li>Clearer guidelines reduce ambiguity in interpretation.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Limitations\"><\/span><strong>Limitations:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Despite its advantages, the new law is not without its challenges:<\/p>\n<ol start=\"1\" data-spread=\"true\">\n<li><strong>Transition Challenges:<\/strong>\n<ul data-spread=\"false\">\n<li>Taxpayers and professionals need time to adapt to the new system.<\/li>\n<li>Businesses must update their accounting practices.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Loss of Certain Deductions:<\/strong>\n<ul data-spread=\"false\">\n<li>Some exemptions and deductions available under the old law have been removed.<\/li>\n<li>This impacts individuals who rely on tax-saving instruments.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Initial Resistance from Stakeholders:<\/strong>\n<ul data-spread=\"false\">\n<li>Businesses and tax professionals may resist immediate adoption.<\/li>\n<li>Requires extensive training and awareness programs.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Possible Increase in Compliance Costs:<\/strong>\n<ul data-spread=\"false\">\n<li>New software and digital tools require investment.<\/li>\n<li>Small businesses might struggle with technology adoption.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Comparative_Table\"><\/span><strong>Comparative Table:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<th>Feature<\/th>\n<th>Old Income Tax Act, 1961<\/th>\n<th>New Income Tax Law<\/th>\n<\/tr>\n<tr>\n<td>Complexity<\/td>\n<td>Highly complex, multiple amendments<\/td>\n<td>Simplified, fewer provisions<\/td>\n<\/tr>\n<tr>\n<td>Tax Slabs<\/td>\n<td>Fixed slabs with deductions<\/td>\n<td>Lower slabs but fewer deductions<\/td>\n<\/tr>\n<tr>\n<td>Compliance Process<\/td>\n<td>Manual and lengthy<\/td>\n<td>Automated and digital<\/td>\n<\/tr>\n<tr>\n<td>Litigation Issues<\/td>\n<td>Frequent disputes and unclear provisions<\/td>\n<td>Streamlined dispute resolution<\/td>\n<\/tr>\n<tr>\n<td>Taxpayer Burden<\/td>\n<td>High due to paperwork and multiple forms<\/td>\n<td>Reduced with automation and simplified filing<\/td>\n<\/tr>\n<tr>\n<td>Corporate Tax Rates<\/td>\n<td>Higher, with many exemptions<\/td>\n<td>Lower, but with minimal exemptions<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The decision to introduce a new income tax law instead of modifying the old one stems from the need for a modern, simplified, and globally aligned taxation system. While the transition brings challenges, its long-term benefits outweigh the drawbacks. The new law ensures better compliance, reduces tax evasion, and encourages economic growth.<\/p>\n<p>Taxpayers need to understand its nuances and adapt to the changes for a smoother transition.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Why_did_India_replace_the_old_income_tax_law_instead_of_modifying_it\"><\/span><strong>1. Why did India replace the old income tax law instead of modifying it?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The old law had multiple amendments, making it complex and outdated. The new law simplifies compliance, reduces disputes, and aligns with modern taxation standards.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_How_does_the_new_law_benefit_taxpayers\"><\/span><strong>2. How does the new law benefit taxpayers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It provides a simpler tax regime, minimizes paperwork, and ensures faster processing of returns with automated systems.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Will_I_pay_more_tax_under_the_new_regime\"><\/span><strong>3. Will I pay more tax under the new regime?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>That depends on your income structure. The new regime offers lower tax rates but removes many deductions. Taxpayers must compare both regimes to choose the best option.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_How_does_the_new_tax_law_impact_businesses\"><\/span><strong>4. How does the new tax law impact businesses?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Businesses benefit from lower tax rates, reduced compliance burdens, and fewer litigations, fostering a better investment climate.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Will_this_law_eliminate_all_previous_tax-related_disputes\"><\/span><strong>5. Will this law eliminate all previous tax-related disputes?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Not immediately, but it aims to reduce future disputes by providing clearer guidelines and transparent processes.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>To visit <a href=\"https:\/\/www.incometax.gov.in\/\">https:\/\/www.incometax.gov.in<\/a><\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5463 alignright\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/Income-Tax-Returns-300x225.jpg\" alt=\"\" width=\"330\" height=\"248\" srcset=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/Income-Tax-Returns-300x225.jpg 300w, https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/Income-Tax-Returns-1024x768.jpg 1024w, https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/Income-Tax-Returns-768x576.jpg 768w, https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/Income-Tax-Returns.jpg 1200w\" sizes=\"auto, (max-width: 330px) 100vw, 330px\" \/><\/p>\n<p><a href=\"https:\/\/vibrantfinserv.com\/kb\/new-vs-old-tax-regime\/\"><strong>New vs Old Tax Regime?<\/strong><\/a><\/p>\n<p><strong>For further details Visit:\u00a0<a href=\"https:\/\/vibrantfinserv.com\/service-detail-24.php\">https:\/\/vibrantfinserv.com\/<\/a><\/strong><\/p>\n<p>Contact:\u00a0\u00a0\u00a0\u00a0 8130555124, 8130045124<\/p>\n<p>Whatsapp:\u00a0\u00a0<u><a href=\"https:\/\/wa.me\/918130555124\" target=\"_blank\" rel=\"noopener\">https:\/\/wa.me\/918130555124<\/a><\/u><\/p>\n<p>Mail ID:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<a href=\"mailto:operations@vibrantfinserv.com\">operations@vibrantfinserv.com<\/a><\/p>\n<p>FB Link:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<u><a href=\"https:\/\/fb.me\/vibrantfinserv2\" target=\"_blank\" rel=\"noopener\">https:\/\/fb.me\/vibrantfinserv<\/a><\/u><\/p>\n<p>Insta Link:\u00a0\u00a0<u><a href=\"https:\/\/www.instagram.com\/vibrantfinserv2\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.instagram.com\/vibrantfinserv2\/<\/a><\/u><\/p>\n<p>Twitter:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<u><a href=\"https:\/\/twitter.com\/VibrantFinserv\" target=\"_blank\" rel=\"noopener\">https:\/\/twitter.com\/VibrantFinserv<\/a><\/u><\/p>\n<p>Linkedin:\u00a0\u00a0 \u00a0<u><a href=\"https:\/\/www.linkedin.com\/in\/vibrant-finserv-62566a259\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.linkedin.com\/in\/vibrant-finserv-62566a259\/<\/a><\/u><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; &nbsp; User Intent Users searching for this topic want to understand why India introduced a completely new income tax law rather than modifying the old one. They seek clarity on the implications, benefits, and limitations of the new law compared to the previous one. Introduction: Taxation plays a crucial role in any country\u2019s\u2026 <span class=\"read-more\"><a href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":5803,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74,1459],"tags":[47692,48025,48057,48030,15770,1598,21296,48073,24095,48036,48064,48049,44693,46518,48067,40648,7597,48014,48074,25306,48044,44743,369,48028,48054,48047,48012,48034,23102,48041,48026,48071,46883,48062,48020,48051,48075,48069,27800,48043,42529,48061,46548,48029,48060,48070,48023,48052,48046,47863,48039,47843,48076,48032,47822,1424,48040,42561,2081,48065,48017,48031,48056,1347,48022,48048,48027,48053,48019,48033,24644,48059,48072,48045,48066,48015,48077,48021,48038,38769,48037,21173,48016,21245,39342,48024,48063,48055,46155,38486,48050,43127,48042,48013,24777,48011,4888,48058,1998,48035,48018,48068],"class_list":["post-693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-assets-valuation-certificate","category-account-finance","tag-budgetarychanges","tag-budgetaryrevise","tag-economicadaptation","tag-economicdecision","tag-economicdevelopment","tag-economicgrowth","tag-economicpolicy","tag-economicpolicychange","tag-economicprogress","tag-economicrestructuring","tag-economicrevolution","tag-economicshift","tag-economictransformation","tag-economicupdate","tag-financialadaptation","tag-financialdecision","tag-financiallegislation","tag-financialreform","tag-financialrestructure","tag-financialrestructuring","tag-financialrevise","tag-financialrevolution","tag-financialstrategy","tag-financialupdate","tag-fiscaladaptation","tag-fiscalchangeindia","tag-fiscalchanges","tag-fiscaldevelopment","tag-fiscalmanagement","tag-fiscalprogress","tag-fiscalreformindia","tag-fiscalrevolution","tag-fiscalstrategy","tag-fiscaltransformation","tag-governmentdecision","tag-governmentdecisionindia","tag-governmentdecisionmaking","tag-governmenteconomicpolicy","tag-governmentinitiative","tag-governmentinitiativeindia","tag-governmentpolicy","tag-governmentpolicychange","tag-governmentpolicyupdate","tag-governmentreform","tag-incometaxadaptation","tag-incometaxchangeindia","tag-incometaxlawchange","tag-incometaxlawevolution","tag-incometaxpolicy","tag-incometaxreform","tag-incometaxrevamp","tag-incometaxrevised","tag-incometaxrevolution","tag-incometaxscenario","tag-incometaxupdate","tag-indiantaxation","tag-lawandeconomy","tag-lawandfinance","tag-modernizeincometax","tag-newincometaxcode","tag-newincometaxlaw","tag-newtaxcode","tag-newtaxlaw","tag-newtaxregime","tag-newtaxregulations","tag-newtaxsystem","tag-policyadaptation","tag-policyadjustment","tag-policydecision","tag-policyevolution","tag-policymaking","tag-policyoverhaul","tag-policyprogress","tag-policyreform","tag-policyrevolution","tag-policyshift","tag-policyshiftindia","tag-policyshifts","tag-policytransformation","tag-taxationadjustment","tag-taxationoverhaul","tag-taxationreformindia","tag-taxationrevamp","tag-taxationreview","tag-taxationreviewindia","tag-taxationrevised","tag-taxationreviseindia","tag-taxationrevolution","tag-taxationscenario","tag-taxationstrategy","tag-taxationupdateindia","tag-taxcodechange","tag-taxcoderevision","tag-taxlawevolution","tag-taxlawupdate","tag-taxpolicyupdate","tag-taxreformindia","tag-taxreforminitiative","tag-taxsimplification","tag-taxsystemchange","tag-taxsystemoverhaul","tag-taxsystemrevamp"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New income tax law \/ Article \/ VibrantFinserv -<\/title>\n<meta name=\"description\" content=\"In 2009, the Indian government introduced the Direct Tax Code (DTC), a new income tax law aimed at simplifying and streamlining the existing..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New income tax law \/ Article \/ VibrantFinserv -\" \/>\n<meta property=\"og:description\" content=\"In 2009, the Indian government introduced the Direct Tax Code (DTC), a new income tax law aimed at simplifying and streamlining the existing..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/\" \/>\n<meta property=\"og:site_name\" content=\"Knowledge Base | Vibrant Finserv\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-09T16:31:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-22T12:12:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/income-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"275\" \/>\n\t<meta property=\"og:image:height\" content=\"183\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"kbadmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"kbadmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/\"},\"author\":{\"name\":\"kbadmin\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/person\/51e4fe2a2fecbd55efb5d87c1afe5345\"},\"headline\":\"Why was a new income tax law made instead of changing the old one in India?\",\"datePublished\":\"2023-06-09T16:31:22+00:00\",\"dateModified\":\"2025-03-22T12:12:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/\"},\"wordCount\":851,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#organization\"},\"image\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/income-1.jpg\",\"keywords\":[\"#BudgetaryChanges\",\"#BudgetaryRevise\",\"#EconomicAdaptation\",\"#EconomicDecision\",\"#EconomicDevelopment\",\"#EconomicGrowth\",\"#EconomicPolicy\",\"#EconomicPolicyChange\",\"#EconomicProgress\",\"#EconomicRestructuring\",\"#EconomicRevolution\",\"#EconomicShift\",\"#EconomicTransformation\",\"#EconomicUpdate\",\"#FinancialAdaptation\",\"#FinancialDecision\",\"#FinancialLegislation\",\"#FinancialReform\",\"#FinancialRestructure\",\"#FinancialRestructuring\",\"#FinancialRevise\",\"#FinancialRevolution\",\"#FinancialStrategy\",\"#FinancialUpdate\",\"#FiscalAdaptation\",\"#FiscalChangeIndia\",\"#FiscalChanges\",\"#FiscalDevelopment\",\"#FiscalManagement\",\"#FiscalProgress\",\"#FiscalReformIndia\",\"#FiscalRevolution\",\"#FiscalStrategy\",\"#FiscalTransformation\",\"#GovernmentDecision\",\"#GovernmentDecisionIndia\",\"#GovernmentDecisionMaking\",\"#GovernmentEconomicPolicy\",\"#GovernmentInitiative\",\"#GovernmentInitiativeIndia\",\"#GovernmentPolicy\",\"#GovernmentPolicyChange\",\"#GovernmentPolicyUpdate\",\"#GovernmentReform\",\"#IncomeTaxAdaptation\",\"#IncomeTaxChangeIndia\",\"#IncomeTaxLawChange\",\"#IncomeTaxLawEvolution\",\"#IncomeTaxPolicy\",\"#IncomeTaxReform\",\"#IncomeTaxRevamp\",\"#IncomeTaxRevised\",\"#IncomeTaxRevolution\",\"#IncomeTaxScenario\",\"#IncomeTaxUpdate\",\"#IndianTaxation\",\"#LawandEconomy\",\"#LawAndFinance\",\"#ModernizeIncomeTax\",\"#NewIncomeTaxCode\",\"#NewIncomeTaxLaw\",\"#NewTaxCode\",\"#NewTaxLaw\",\"#NewTaxRegime\",\"#NewTaxRegulations\",\"#NewTaxSystem\",\"#PolicyAdaptation\",\"#PolicyAdjustment\",\"#PolicyDecision\",\"#PolicyEvolution\",\"#PolicyMaking\",\"#PolicyOverhaul\",\"#PolicyProgress\",\"#PolicyReform\",\"#PolicyRevolution\",\"#PolicyShift\",\"#PolicyShiftIndia\",\"#PolicyShifts\",\"#PolicyTransformation\",\"#TaxationAdjustment\",\"#TaxationOverhaul\",\"#TaxationReformIndia\",\"#TaxationRevamp\",\"#TaxationReview\",\"#TaxationReviewIndia\",\"#TaxationRevised\",\"#TaxationReviseIndia\",\"#TaxationRevolution\",\"#TaxationScenario\",\"#TaxationStrategy\",\"#TaxationUpdateIndia\",\"#TaxCodeChange\",\"#TaxCodeRevision\",\"#TaxLawEvolution\",\"#TaxLawUpdate\",\"#TaxPolicyUpdate\",\"#TaxReformIndia\",\"#TaxReformInitiative\",\"#TaxSimplification\",\"#TaxSystemChange\",\"#TaxSystemOverhaul\",\"#TaxSystemRevamp\"],\"articleSection\":[\"\\\"Assets Valuation Certificate \\\"\",\"Accounting &amp; Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/\",\"url\":\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/\",\"name\":\"New income tax law \/ Article \/ VibrantFinserv -\",\"isPartOf\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/income-1.jpg\",\"datePublished\":\"2023-06-09T16:31:22+00:00\",\"dateModified\":\"2025-03-22T12:12:39+00:00\",\"description\":\"In 2009, the Indian government introduced the Direct Tax Code (DTC), a new income tax law aimed at simplifying and streamlining the existing..\",\"breadcrumb\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#primaryimage\",\"url\":\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/income-1.jpg\",\"contentUrl\":\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/income-1.jpg\",\"width\":275,\"height\":183,\"caption\":\"New income tax law\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/vibrantfinserv.com\/kb\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why was a new income tax law made instead of changing the old one in India?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#website\",\"url\":\"https:\/\/vibrantfinserv.com\/kb\/\",\"name\":\"Knowledge Base | Vibrant Finserv\",\"description\":\"Your success, our passion !!\",\"publisher\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/vibrantfinserv.com\/kb\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#organization\",\"name\":\"Knowledge Base | Vibrant Finserv\",\"url\":\"https:\/\/vibrantfinserv.com\/kb\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2025\/04\/logo.jpg\",\"contentUrl\":\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2025\/04\/logo.jpg\",\"width\":200,\"height\":95,\"caption\":\"Knowledge Base | Vibrant Finserv\"},\"image\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/person\/51e4fe2a2fecbd55efb5d87c1afe5345\",\"name\":\"kbadmin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3a13255b04334420c1e5998f8a775bdef7b1395bf244de67e7a3e44010893e4c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3a13255b04334420c1e5998f8a775bdef7b1395bf244de67e7a3e44010893e4c?s=96&d=mm&r=g\",\"caption\":\"kbadmin\"},\"sameAs\":[\"https:\/\/vibrantfinserv.com\/kb\"],\"url\":\"https:\/\/vibrantfinserv.com\/kb\/author\/kbadmin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New income tax law \/ Article \/ VibrantFinserv -","description":"In 2009, the Indian government introduced the Direct Tax Code (DTC), a new income tax law aimed at simplifying and streamlining the existing..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/","og_locale":"en_US","og_type":"article","og_title":"New income tax law \/ Article \/ VibrantFinserv -","og_description":"In 2009, the Indian government introduced the Direct Tax Code (DTC), a new income tax law aimed at simplifying and streamlining the existing..","og_url":"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/","og_site_name":"Knowledge Base | Vibrant Finserv","article_published_time":"2023-06-09T16:31:22+00:00","article_modified_time":"2025-03-22T12:12:39+00:00","og_image":[{"width":275,"height":183,"url":"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/income-1.jpg","type":"image\/jpeg"}],"author":"kbadmin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"kbadmin","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#article","isPartOf":{"@id":"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/"},"author":{"name":"kbadmin","@id":"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/person\/51e4fe2a2fecbd55efb5d87c1afe5345"},"headline":"Why was a new income tax law made instead of changing the old one in India?","datePublished":"2023-06-09T16:31:22+00:00","dateModified":"2025-03-22T12:12:39+00:00","mainEntityOfPage":{"@id":"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/"},"wordCount":851,"commentCount":0,"publisher":{"@id":"https:\/\/vibrantfinserv.com\/kb\/#organization"},"image":{"@id":"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#primaryimage"},"thumbnailUrl":"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/income-1.jpg","keywords":["#BudgetaryChanges","#BudgetaryRevise","#EconomicAdaptation","#EconomicDecision","#EconomicDevelopment","#EconomicGrowth","#EconomicPolicy","#EconomicPolicyChange","#EconomicProgress","#EconomicRestructuring","#EconomicRevolution","#EconomicShift","#EconomicTransformation","#EconomicUpdate","#FinancialAdaptation","#FinancialDecision","#FinancialLegislation","#FinancialReform","#FinancialRestructure","#FinancialRestructuring","#FinancialRevise","#FinancialRevolution","#FinancialStrategy","#FinancialUpdate","#FiscalAdaptation","#FiscalChangeIndia","#FiscalChanges","#FiscalDevelopment","#FiscalManagement","#FiscalProgress","#FiscalReformIndia","#FiscalRevolution","#FiscalStrategy","#FiscalTransformation","#GovernmentDecision","#GovernmentDecisionIndia","#GovernmentDecisionMaking","#GovernmentEconomicPolicy","#GovernmentInitiative","#GovernmentInitiativeIndia","#GovernmentPolicy","#GovernmentPolicyChange","#GovernmentPolicyUpdate","#GovernmentReform","#IncomeTaxAdaptation","#IncomeTaxChangeIndia","#IncomeTaxLawChange","#IncomeTaxLawEvolution","#IncomeTaxPolicy","#IncomeTaxReform","#IncomeTaxRevamp","#IncomeTaxRevised","#IncomeTaxRevolution","#IncomeTaxScenario","#IncomeTaxUpdate","#IndianTaxation","#LawandEconomy","#LawAndFinance","#ModernizeIncomeTax","#NewIncomeTaxCode","#NewIncomeTaxLaw","#NewTaxCode","#NewTaxLaw","#NewTaxRegime","#NewTaxRegulations","#NewTaxSystem","#PolicyAdaptation","#PolicyAdjustment","#PolicyDecision","#PolicyEvolution","#PolicyMaking","#PolicyOverhaul","#PolicyProgress","#PolicyReform","#PolicyRevolution","#PolicyShift","#PolicyShiftIndia","#PolicyShifts","#PolicyTransformation","#TaxationAdjustment","#TaxationOverhaul","#TaxationReformIndia","#TaxationRevamp","#TaxationReview","#TaxationReviewIndia","#TaxationRevised","#TaxationReviseIndia","#TaxationRevolution","#TaxationScenario","#TaxationStrategy","#TaxationUpdateIndia","#TaxCodeChange","#TaxCodeRevision","#TaxLawEvolution","#TaxLawUpdate","#TaxPolicyUpdate","#TaxReformIndia","#TaxReformInitiative","#TaxSimplification","#TaxSystemChange","#TaxSystemOverhaul","#TaxSystemRevamp"],"articleSection":["\"Assets Valuation Certificate \"","Accounting &amp; Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/","url":"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/","name":"New income tax law \/ Article \/ VibrantFinserv -","isPartOf":{"@id":"https:\/\/vibrantfinserv.com\/kb\/#website"},"primaryImageOfPage":{"@id":"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#primaryimage"},"image":{"@id":"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#primaryimage"},"thumbnailUrl":"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/income-1.jpg","datePublished":"2023-06-09T16:31:22+00:00","dateModified":"2025-03-22T12:12:39+00:00","description":"In 2009, the Indian government introduced the Direct Tax Code (DTC), a new income tax law aimed at simplifying and streamlining the existing..","breadcrumb":{"@id":"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#primaryimage","url":"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/income-1.jpg","contentUrl":"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/income-1.jpg","width":275,"height":183,"caption":"New income tax law"},{"@type":"BreadcrumbList","@id":"https:\/\/vibrantfinserv.com\/kb\/new-income-tax-law\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/vibrantfinserv.com\/kb\/"},{"@type":"ListItem","position":2,"name":"Why was a new income tax law made instead of changing the old one in India?"}]},{"@type":"WebSite","@id":"https:\/\/vibrantfinserv.com\/kb\/#website","url":"https:\/\/vibrantfinserv.com\/kb\/","name":"Knowledge Base | Vibrant Finserv","description":"Your success, our passion !!","publisher":{"@id":"https:\/\/vibrantfinserv.com\/kb\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/vibrantfinserv.com\/kb\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/vibrantfinserv.com\/kb\/#organization","name":"Knowledge Base | Vibrant Finserv","url":"https:\/\/vibrantfinserv.com\/kb\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/logo\/image\/","url":"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2025\/04\/logo.jpg","contentUrl":"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2025\/04\/logo.jpg","width":200,"height":95,"caption":"Knowledge Base | Vibrant Finserv"},"image":{"@id":"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/person\/51e4fe2a2fecbd55efb5d87c1afe5345","name":"kbadmin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3a13255b04334420c1e5998f8a775bdef7b1395bf244de67e7a3e44010893e4c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3a13255b04334420c1e5998f8a775bdef7b1395bf244de67e7a3e44010893e4c?s=96&d=mm&r=g","caption":"kbadmin"},"sameAs":["https:\/\/vibrantfinserv.com\/kb"],"url":"https:\/\/vibrantfinserv.com\/kb\/author\/kbadmin\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/posts\/693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/comments?post=693"}],"version-history":[{"count":13,"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/posts\/693\/revisions"}],"predecessor-version":[{"id":25842,"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/posts\/693\/revisions\/25842"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/media\/5803"}],"wp:attachment":[{"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/media?parent=693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/categories?post=693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vibrantfinserv.com\/kb\/wp-json\/wp\/v2\/tags?post=693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}