New Income Tax Bill 2025 explained: Top 30 FAQs every taxpayer should check

New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman introduced the New Income Tax Bill 2025 in Lok Sabha, set to replace the Income Tax Act 1961. The new bill aims to simplify tax provisions with clearer language, reducing its length and eliminating redundant sections while consolidating related content for easier understanding and compliance.

Feb 15, 2025 4

New Income Tax Bill 2025 explained: Top 30 FAQs every taxpayer should check
New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman introduced the New Income Tax Bill 2025 in Lok Sabha, set to replace the Income Tax Act 1961. The new bill aims to simplify tax provisions with clearer language, reducing its length and eliminating redundant sections while consolidating related content for easier understanding and compliance.
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