Tag: Income Tax Bill 2025
Impact of 2025 Income Tax Bill: Simplified Compliance, Unified Rates
Finance Minister Nirmala Sitharaman recently announced the impending presentation of the New Income Tax bill in the Parliament, slated for review by a parliamentary committee. Collaborating closely with the Reserve Bank of India (RBI)...
New Income Tax Bill 2025 to Replace Income Tax Act-1961
The Union Cabinet has recently given the green light to a groundbreaking new Income Tax Bill in 2025, poised to replace the long-standing Income Tax Act of 1961. This significant move aims to revolutionize...