New Income Tax Bill cleared by Cabinet: What is it?

New Income Tax Bill: The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax legislation. This proposed bill, featuring clearer language and concise sentences, is expected to reduce legal disputes and will be reviewed during the Budget session.

What is New Income Tax Bill? Top points

times of india - 11/Feb 06:06

New Income Tax Bill LIVE: Finance Minister Nirmala Sitharaman is set to table the New Income Tax Bill, which aims to replace the 1961 Income Tax Act....

Cabinet Clears Income Tax Bill, Will Be Introduced In Parliament On This Day!

popdiaries.com - 08/Feb 13:08

Cabinet Clears Income Tax Bill The new income tax bill received approval from the Union Cabinet on Friday as sources informed PTI. Next week the...

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

times of india - 15/Feb 04:24

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...

New Income Tax Bill 2025: Read full text of proposed new I-T Act

times of india - 13/Feb 10:22

New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman presented the New Income Tax Bill 2025 in Lok Sabha, aiming to replace the 64-year-old...

Focus on simplification & lower compliance burden

times of india - 14/Feb 02:29

The new Income Tax Bill, 2025 aims to simplify language, reduce litigation, and lower compliance burdens. It introduces clearer tax year definitions,...

I-T Bill seeks to simplify tax laws, but no major overhaul

times of india - 12/Feb 21:26

Finance Minister Nirmala Sitharaman is set to introduce a new 622-page Income Tax Bill in simpler language, replacing the 64-year-old law. The bill...

New Income Tax Bill To Have 622 Pages, 536 Sections; Likely To Be Tabled In Parliament Tomorrow

zeenews.india.com - 12/Feb 10:16

The Bill once enacted will replace six-decade old Income Tax Act 1961, which over the years became bulkier and complex with amendments.

New Income Tax Bill To Supersede Income Tax Act 1961 To Be Tabled In LS Shortly

zeenews.india.com - 13/Feb 15:11

The revised tax framework is expected to come into force from April 1, 2026.

New Income Tax Bill 2025: Six aspects to take note - is it a zero-sum game?

times of india - 14/Feb 09:19

The New Income Tax Bill 2025 aims to simplify tax laws in India, focusing on simplifying language, reducing litigation and compliance, and removing...

New Income Tax Bill Likely To Be Tabled In Parliament Today --All You Want To Know

zeenews.india.com - 11/Feb 05:23

Before the Income Tax Bill was cleared by the Cabinet, people in the know said that the legislation would likely provide directions to widen the tax...

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