New Income Tax Bill 2025 explained: Top 10 takeaways

New Income Tax Bill 2025 explained: The proposed Income Tax Bill, 2025 aims to simplify the tax system with a reduction in sections and word count, introduce a clear tax year, and make legal language more understandable. Changes include streamlined TDS rules and reorganized provisions for salary and exempt incomes.

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...

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,...

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...

I-T Bill 2025 referred to Parliament's select committee

times of india - 14/Feb 02:26

A parliamentary committee will review the new Income Tax bill introduced by Finance Minister Nirmala Sitharaman. This bill aims to simplify the...

Why New Income-Tax Bill 2025 Is Much-Needed Reform, Reducing Word Count From 5 Lakh To 2.5 Lakh; Check Key Features

zeenews.india.com - 12/Feb 18:12

New Income-Tax Bill 2025: To ensure greater clarity, the bill also includes tables, examples, and formulas to explain tax provisions to make it easier...

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 2025: What are expected changes and how will they affect you?

hindustantimes.com - 12/Feb 09:31

The government is expected to introduce the Income Tax Bill 2025 on February 13, aiming to simplify tax laws and enhance compliance.

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...

New Income Tax Bill 2025: What is ‘tax year’ and how is it different from 'assessment year?

hindustantimes.com - 12/Feb 17:29

The new Income Tax Bill 2025, which is likely to be tabled in the Parliament on February 13, aims to simplify the terminology used in tax laws in...

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....

Rubriques :