Finance Minister Nirmala Sitharaman introduced the new Income Tax Bill, 2025, in the Lok Sabha on Thursday as part of the tax reforms to streamline and simplify the provisions so that they are easier ...

This new bill, tabled in Lok Sabha by Finance Minister Nirmala Sitharaman, seeks to replace the existing Income Tax Act, 1961 and introduce changes that affect different categories of taxpayers, ...

The new Income Tax Bill aims to simplify language by replacing complex terms with easier alternatives. Spanning 622 pages, it ...

Finance Minister Nirmala Sitharaman is scheduled to introduce the new Income Tax Bill in the Lok Sabha on Thursday as part of ...

The Parliament’s Budget Session began at 11 a.m. The Lok Sabha, however, was adjourned till 2 p.m. amid protests by ...

Simplification: The provisions under the Income Tax Bill, 2025, have clearer language and cater to modern work scenarios, such as allowances for digital work tools. 2. Standard Deduction: Increased ...

The new Income Tax Bill, 2025, consists of 536 sections, 23 chapters, and 16 schedules in just 622 pages—a significant ...

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Stay updated with live coverage of FM Sitharaman tabling the Income Tax Bill 2025 in Lok Sabha. Get the latest news and key highlights.