The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...
The new Income Tax bill will replace the existing Income Tax Act, 1961. The new bill is being brought to consolidate and ...
The Pioneer on MSN5dOpinion
Revamping the tax regime
Nirmala Sitharaman introduces the Income Tax Bill 2025 in Parliament, aiming to replace the 1961 Act with a more ...
Budget 2025 increased the tax rebate limit under the new regime to ₹12 lakh from FY26. If trends from previous years continue ...
The new Income Tax Bill is more about consolidation of scattered tax provisions, simplification and elimination of redundant laws than about rate ir ...
The Bill includes 23 chapters, 16 schedules and 536 clauses ... foreign cos to be deemed as residents It introduces a new tax regime with a focus on simplifying tax compliance and offering an ...
The Income Tax Bill, 2025, will be tabled in Parliament on Thursday. Learn about its key highlights, including simplification ...
The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...
The bill focuses on simplification, clarity and ease of compliance for taxpayers while retaining the fundamental structure of the tax system. The bill consists of 536 sections, 23 chapters and 16 ...
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 ...