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New Income Tax Bill 2025 LIVE Updates: Amendments, updates, tax slabs — what to expect from I-T Bill in LS tomorrow
From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by Finance Minister Nirmala Sitharaman in Parliament tomorrow.
New Income Tax Bill: FM Nirmala Sitharaman to introduce I-T Bill 2025 in Parliament on Thursday
Finance Minister Nirmala Sitharaman is set to introduce the Income Tax Bill 2025 in the Lok Sabha on Thursday, February 13. Once enacted, the the law will replace the six-decade old Income Tax Act 1961.
What is new Income Tax Bill announced by Finance Minister Nirmala Sitharaman and why it will replace the Income Tax Act
The new Income Tax Bill is likely to be tabled in Parliament this week. The Bill has been cleared by the Union Cabinet on February 7, 2025. Finance Minister Nirmala Sitharaman announced in the Budget 2025 that she will table the new income tax Bill in Parliament.
New Income Tax Bill 2025: All FAQs on tax slabs, old vs new regime, and more answered
Amid the new Income Tax Bill 2025, we answer some FAQs on tax slabs, old vs new regime, the new income tax rules, exemption limits and more.
New Income Tax Bill Live Updates: When will Nirmala Sitharaman introduce new I-T Bill? Here's what we know so far
A new Income Tax bill, pledged by the Union Finance Minister in last year’s budget, is set to be presented in Parliament on Thursday, according to the latest reports. The bill aims to streamline the language of tax laws and will later be reviewed by Parliament's Standing Committee on Finance.
FM Nirmala Sitharaman to Introduce Income-Tax Bill 2025 in Parliament - Here Are Key Highlights
The bill notably seeks to introduce simpler terminology such as replacing ‘Assessment Year’ with 'Tax Year' and ‘Previous Year’ with 'Financial Year'
Finance Minister Nirmala Sitharaman to introduce Income-Tax Bill 2025 in Lok Sabha on February 13
Union Finance Minister Nirmala Sitharaman will introduce the new Income-Tax Bill 2025 in Lok Sabha on February 13 with aims to consolidate and amend the taxation laws of the nation, according to the official data released on February 12.
Nirmala Sitharaman likely to introduce New Income Tax Bill in Lok Sabha today
Earlier on Friday, the Union Cabinet led by Prime Minister Narendra Modi had given the approval for the new Income Tax Bill.
Budget 2025: New Income Tax Bill To Be Introduced Next Week, Says FM Nirmala Sitharaman
Budget 2025: Finance Minister Nirmala Sitharaman announced on Saturday, February 1, that a new Income Tax Bill, aimed at simplifying the existing tax laws, will be introduced in Parliament next week. The proposed Bill seeks to significantly streamline the current Income Tax Act, which has been in place since 1961.
Hope to introduce new income tax bill in Lok Sabha next week: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman to introduce new income tax bill, replacing old I-T Act, after Cabinet approval.
India to present new bill in Parliament to replace decades-old income tax law
India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of litigations.
The Financial Express11d
Budget 2025: No income tax on annual income upto Rs 12 lakh, says FM Nirmala Sitharaman
Additionally, Sitharaman introduced revisions to income tax slabs to make taxation more progressive. Individuals earning up ...
Press Trust of India on MSN4d
Hope to introduce new income tax bill in Lok Sabha next week: FM Nirmala Sitharaman
The bill will again go to the Cabinet after the parliamentary committee gives its recommendations on it. After Cabinet ...
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Income tax relief, repo rate cut to boost recovery in consumption: Sitharaman
Income tax relief provided for in the Union Budget coupled with RBI repo rate cut put together will boost recovery in ...