Income Tax, Parliament

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New Income Tax Bill 2025 LIVE Updates: FM Nirmala Sitharaman's I-T Bill likely to be tabled in Parliament tomorrow
The new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is expected to be presented in Lok Sabha on Thursday.
India to present new bill in Parliament to replace decades-old income tax law
India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of litigations.
All You Need To Know About The New Income-Tax Bill: Big Changes, New Vs Old Regime And Penalties
The government is set to introduce the Income-Tax Bill, 2025, a comprehensive revamp of India's tax laws, replacing the Income-Tax Act, 1961. The new legislation, scheduled to come into effect from April 1,
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New Income Tax Bill 2025 LIVE Updates: Here is what to expect from I-T Bill in Lok Sabha tomorrow; Tax slabs, updates
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 in Parliament tomorrow, February 13.
New Income Tax Bill 2025 to propose no tweaking between old, new tax regimes every tax year; here's what it means for taxpayers
The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent years unless specific criteria are breached. In this framework, taxpayers must forego some deductions and exemptions in return for a reduced tax rate under the New Tax Regime.
New Income Tax Bill 2025: What are expected changes and how will they affect you?
The government is expected to introduce the Income Tax Bill 2025 on February 13, aiming to simplify tax laws and enhance compliance.
New Income Tax Bill 2025: All FAQs on tax slabs, old vs new regime and more answered
Amid the new Income Tax Bill 2025, we answer some FAQs on tax slabs, old vs new regime, the new income tax rules, exemption limits and more.
10 takeaways in new Income Tax Bill for taxpayers: Tax year, TDS compliance, number of sections and more
The Income Tax Act 2025 will replace the current Income Tax Act 1961. As the current income tax laws will change, many taxpayers are worried about how the new income tax bill can impact them. Here are 10 things from the new income tax bill that will impact taxpayers.
New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...
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New Income Tax Bill: These things will be included in this new bill, see full details here..
Finance Minister Nirmala Sitharaman recently announced that the new Income Tax Bill will be introduced in Parliament next ...
Income Tax Bill 2025 to replace 1961 Act, introduces concept of tax year
Deductions from salaries, such as standard deduction, gratuity, and leave encashment, have now been consolidated in one ...
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Income Tax Bill, 2025: Key Highlights & Changes
The Income Tax Bill, 2025, will be tabled in Parliament on Thursday. Learn about its key highlights, including simplification ...
New Income Tax Bill simplifies language, eases compliance: Experts
According to experts, the new bill, which seeks to replace replace the six-decade old Income Tax Act, 1961, doesn't make any ...
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Income Tax Bill 2025: How is the new tax law different from the old one?
Aimed at overhauling the nation’s tax system, the Income Tax Bill 2025 seeks to eliminate obsolete sections that have ...
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New Income Tax Bill: How is the new tax law different from the old one
The new Income Tax Bill refines tax law by enhancing clarity, reducing complexity, and improving compliance mechanisms. While ...
New Income Tax Bill to consider crypto as 'undisclosed income' during searches
As per the new tax bill, 'undisclosed income' includes 'money, bullion, jewellery, virtual digital asset or other valuable ...
New Income Tax Bill 2025: Tax deadlines, belated return, revised return -- here's what the draft bill says
The deadline for filing income tax is a critical factor in tax compliance for all taxpayers. Presently, there are varying ...