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 ...

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...

Assisted by Nikky Jhamtani, managing associate, & associates Shinjani Agnihotri and Lopamudra Mahapatra, BMR Legal Advocates.

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 ...

With its focus on clarity and simplicity, the new Bill will lead to a more accessible and responsible tax system ...

No major tax policy changes to ensure continuity and certainty. 3. No modifications of tax rates, preserving predictability ...

Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...

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 ...