The Bill seeks to replace 298 sections and 14 schedules in the existing Income Tax Act, 1961, with a 622-page new law enshrined in 536 sections, 23 chapters and 16 schedules.

The new Income Tax Bill will replace the Income Tax Act. However, not many people are able to understand how the new tax bill ...

While moving the Bill for introduction, Sitharaman urged Birla to refer the draft law to a select committee of the House, ...

The new Income Tax Bill 2025 was tabled in the Lok Sabha on February 13, following which the Opposition MPs staged a walkout.

The new Income Tax Bill, tabled by Nirmala Sitharaman, aims to simplify and modernize India's tax system. It will replace the Income Tax Act of 1961, with a focus on reducing legal complexities, ...

Finance Minister Nirmala Sitharaman on Wednesday (13 February 2025) tabled the much talked about  New Income Tax Bill 2025 in ...

The new Income Tax Bill of 2025, which will replace the existing Income Tax Act of 1961, is set to be introduced in the Lok Sabha today. The new Income Tax Bill is expected to be effective from April ...

Finance Minister Nirmala Sitharaman urged the Lok Sabha Speaker to refer the Income Tax Bill, 2025, to the Select Committee ...

Finance Minister Nirmala Sitharaman introduced Income Tax Bill, 2025, in Lok Sabha today. Here are some key points of the new ...

The government on Thursday tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernize definitions, and provide more clarity on various tax-related matters. This new bill, tabled ...

The Bill has been referred to a select committee for further scrutiny. The committee, which will examine the proposed changes ...

The Bill has been referred to a select committee for further scrutiny. The committee, which will examine the proposed changes ...