Income tax bill 2025
The New Income Tax bill towards the government can be tabled in Parliament on 11 August 2025. Finance Minister Nirmala Sitharaman can present it in Parliament. According to the government, this bill has to make the laguage and structure of the target Income Tax Act 1961 easier.
According to reports, this bill will be introduced by the Finance Minister, which will replace the old Income Tax Act. Earlier, during the budget session, Nirmala Sitharaman introduced the bill to the Lok Sabha.
The news is being updated…