New Income Tax Bill, 2025
Why in the News? Parliament has passed the Income-tax Bill, 2025, replacing the 1961 law with a leaner, simpler version free of redundant provisions and archaic language, effective April 1, 2026. About New Income Tax Bill, 2025: Purpose: Replaces the Income Tax Act, 1961 after more than 60 years to simplify the law, remove redundant… Continue reading New Income Tax Bill, 2025

