Following the passage of the Bills, the House was adjourned for the day. The new Income Tax Bill, meant to replace the ...

Lok Sabha on Monday passed two important legislations pertaining to taxation -- Income-Tax (No 2) Bill and Taxation Laws ...

The original Income Tax Bill, 2025, was introduced on February 13 to replace the six-decade-old Income Tax Act, 1961. However ...

Union Finance Minister Nirmala Sitharaman will present the revised Income Tax Bill, 2025 in the Lok Sabha, following the ...

The Income Tax Bill 2025, which was introduced in the Lok Sabha on February 13 to replace the Income Tax Act, 1961, has been ...

A key change is that companies opting for the new tax regime will now be eligible for deductions under Section 80M (Clause 148), extending benefits to more corporate taxpayers.

The revised Income Tax Bill, 2025 replaces last week's withdrawn draft, bringing clearer property rules, new slabs, higher ...

As announced in Budget 2025, Finance Minister Nirmala Sitharaman tabled the Income Tax Bill, 2025, in the Lok Sabha on ...

India's new Income Tax Bill, 2025, simplifies the tax system by creating a single 'Tax Year,' reducing litigation, and offering new benefits like refunds for late filings and tax relief for vacant ...

The revised bill received Cabinet approval last Friday. Finance Minister Nirmala Sitharaman then withdrew the earlier version ...

The original Bill, introduced on February 13, aimed to overhaul the Income Tax Act, 1961, by cutting legal clutter. But with ...