5 days ago · Finance Minister Nirmala Sitharaman presented the Income Tax Bill, 2025, in the Lok Sabha on Thursday and requested Speaker Om Birla to send it to a select committee.

5 days ago · New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman has tabled the New Income Tax Bill in Lok Sabha on Thursday, comprising 536 clauses across 622 pages, with an aim to replace the ...

5 days ago · Finance Minister Nirmala Sitharaman introduced the Income Tax Bill 2025 in Lok Sabha, aiming to replace the 1961 Act. Set for implementation in April 2026, it seeks to simplify and consolidate tax ...

5 days ago · Income Tax Bill 2025 Live: A new, streamlined version of the present income tax act, 1961, i.e., the new income tax bill, has been tabled by FM Nirmala Sitharaman in Lok Sabha today, at around 2 pm. FM Sitharaman had announced this during her Budget 2025 speech on February 1, 2025. The income tax bill will be a significant step towards greatly simplifying the 800-page long, complex, and 64 ...

5 days ago · NEW Income Tax Bill: In a major development, Finance Minister Nirmala Sitharaman has tabled the much-anticipated Income Tax Bill 2025 in the Indian Parliament today. The bill, which introduces substantial changes to the existing income tax framework, aims to overhaul the current system with new provisions and adjustments. Sitharaman has also requested the Lok Sabha Speaker to nominate members ...

6 days ago · 14 Feb 2025, 07:32:46 AM IST New Income Tax Bill 2025: Opposition leaders allege the Centre overlooked demands of non-BJP ruled states. New Income Tax Bill 2025: Several opposition leaders on ...

5 days ago · The new Income Tax Bill, introduced in Parliament by Nirmala Sitharaman, aims to simplify and modernise India's tax system without adding new taxes. It features shorter, clearer provisions with a focus on reducing litigation and penalties, making compliance easier and more taxpayer-friendly.

5 days ago · Union Finance Minister Nirmala Sitharaman on Thursday introduced the Income Tax Bill, 2025, in the Lok Sabha and urged Speaker Om Birla to constitute a select committee to examine the proposed piece of legislation. “The terms and conditions regarding the committee will also be decided by the ...

5 days ago · Finance Minister Nirmala Sitharaman has tabled the new Income Tax Bill 2025 in Lok Sabha. While presenting the new Bill, she said that substantial change shave been made in the new the Bill.

5 days ago · New Income Tax Bill: Union Finance Minister Nirmala Sitharaman on Thursday tabled the new Income Tax Bill, 2025 in the Lok Sabha. The bill aims to simplify tax language by removing jargon and unnecessary provisions and using concise sentences.