New Income Tax bill explained

India’s New Income Tax Bill 2025: An Overview
Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax year.
India's new income tax bill proposes broad access to taxpayers' devices, social media accounts
India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media accounts during searches, activities which are not covered in the current tax law.
What FM Sitharaman’s New Income Tax Bill Offers to India Inc
The bill advances the Modi government’s "ease of doing business" initiative by providing a clear and simple tax framework
New Income Tax Bill 2025 FAQ: How it aims to simplify India's tax laws
The proposed bill does not change tax rates. Instead, it focuses on three key improvements: simplifying language for better understanding, removing outdated provisions, and reorganising sections for easier navigation.
India to present new bill in Parliament to replace decades-old income tax law
India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of litigations.
New income tax bill introduced in Lok Sabha will boost tax compliance: Experts
Definitions, provisions and explanations have all been simplified. This will reduce the scope for litigation and make the Act easy to understand
India’s tax laws set for a revamp: What is the new Income Tax Bill? How will it affect you?
Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax system in the coming week. The bill promises to reduce litigation, streamline compliance,
New Income Tax Bill: What taxpayers want from Modi government’s latest Income Tax Act - KPMG survey reveals
In July 2024, the government announced a review of the Income-tax Act, 1961, aiming to simplify it for taxpayers. A KPMG survey h
PAN and Aadhaar: What will be the effect of the new income tax bill on your PAN and Aadhaar, know full details here..
The new Income Tax Bill has been introduced in the Lok Sabha. Finance Minister Nirmala Sitharaman has introduced it. Through this bill, there will be many big and important changes related to income tax.
India makes tax filing easier with new Income Tax Bill 2025
Dubai: After raising the no income tax limit for residents to Rs1.2 million, India has now brought out an updated Income Tax Bill – and made the whole process of tax filings much simpler. “The Rs1.2 million tax-free income is a big deal indeed compared to the earlier Rs300,
‘This marks a transition…’: Experts on Income Tax Bill 2025
Several experts have supported the government efforts put into the Income Tax Bill 2025, but some expressed apprehensions.
New Income Tax Bill 2025 Highlights: FM Nirmala Sitharaman introduced new I-T Bill in Lok Sabha
New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...
Hosted on MSN13d
Modi government slashes income tax for middle classes in India budget
She raised the starting point for income tax to $14,800 from $8,074 and said the ... subsidized credit offered to them ...
Income Tax Slab For [FY 2025-26]
The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...
Income Tax Bill news: ‘India's Direct Taxation System will be overhauled to make it compliance-friendly,’ says BJP MP
BJP MP Tejasvi Surya praised the new Income Tax Bill, stating it will modernize and simplify India's Direct Taxation System, ...