Finance Minister Nirmala Sitharaman has introduced the new Income Tax Bill. Its purpose is to remove the complexities of the ...

Definitions, provisions and explanations have all been simplified. This will reduce the scope for litigation and make the Act ...

New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...

Finance minister Nirmala Sitharaman defended the income tax relief for the 2025-26 budget, highlighting its benefits for all ...

Finance Minister Sitharaman introduces Income Tax Bill, 2025, in Lok Sabha amid opposition parties opposing its introduction. Sitharaman also urged the speaker to refer Income Tax Bill, 2025, to ...

Nirmala Sitharaman introduces the Income Tax Bill 2025 in Parliament, aiming to replace the 1961 Act with a more ...

Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...

The bill advances the Modi government’s "ease of doing business" initiative by providing a clear and simple tax framework ...

To streamline the law, the new bill reduces the number of pages from 823 to 622, removing redundant provisos and explanations ...

The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...