New Income Tax Bill 2025 to be tabled at 2 PM today: Key tax-related changes to expect

New Income Tax Bill 2025 to be tabled at 2 PM today: Key tax-related changes to expect

Union Finance Minister Nirmala Sitharaman will present the new Income Tax Bill 2025 in the Lok Sabha today. This bill, designed to make tax regulations more accessible to the general public, will replace the existing Income Tax Act of 1961. The bill will then be referred to the Parliamentary Standing Committee on Finance, which will … Read more

Parliament Budget Session Day 9 LIVE: FM Sitharaman to introduce new Bill on income tax law reforms

Parliament Budget Session Day 9 LIVE: FM Sitharaman to introduce new Bill on income tax law reforms

New Delhi, Feb 11 (ANI): Proceedings of the Lok Sabha underway during the Budget Session of Parliament, in New Delhi on Tuesday. (ANI Photo/Sansad TV) | Photo Credit: ANI The government is all set to introduce a new Bill to reform the income tax laws on Thursday (February 13, 2025), the last day of the … Read more

New Income Tax Bill 2025: Less complex, increased compliance to unified tax rates – how taxpayers will be impacted

New Income Tax Bill 2025: Less complex, increased compliance to unified tax rates – how taxpayers will be impacted

New Income Tax bill 2025: Finance Minister Nirmala Sitharaman on Saturday announced that the New Income Tax bill will be presented in the Parliament next week, after which it will be reviewed by a parliamentary committee.  She added that the Reserve Bank of India (RBI) and the government will collaborate closely on various economic matters, … Read more