Parliament Budget Session 2025 Live Updates: New Income Tax Bill to have 622 pages, 536 sections; likely to be tabled in ...

The new Income Tax Bill, 2025 will be tabled in Parliament today (). The idea behind the new bill is to simplify taxation laws – currently governed by the Income Tax Act, 1961 – for the common man.

From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...

From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...

Finance Minister Nirmala Sitharaman on Tuesday pledged more steps to help India retain the world’s fastest expanding major economy status, while asserting that a “speedy rebound” is underway after the ...

The main objective of the new income tax bill is to streamline the existing Income Tax Act of 1961 to enhance comprehension of income tax laws among the general public and minimise legal disputes.

The much-anticipated new income tax bill will replace terminologies like assessment and previous year with easier to understand ‘tax year’ as part of move to simplify language while removing provisos ...

The simplified Income Tax Bill 2025, which brings in the concept of ‘tax year’ and abolishes the archaic and complicated terms ‘previous’ and ‘assessment years’, is likely to be introduced in ...

According to experts, the new bill, which seeks to replace replace the six-decade old Income Tax Act, 1961, doesn't make any ...

The Union Finance Minister has presented her 8 th consecutive Budget for the year 2025-26 on 1 st February, 2025 in the Parliament and also introduced Finance Bill, 2025 on the Lok Sabha. Along with ...