this is the provision in the new Income Tax Bill

New Income Tax Bill introduced by Nirmala Sitharaman in Parliament, Opposition stages walkout
The new Income Tax Bill 2025 was tabled in the Lok Sabha on February 13, following which the Opposition MPs staged a walkout.
FM Nirmala Sitharaman says new Income Tax Bill streamlines tax laws, not just a mechanical change
The current Income-tax Act was enacted in 1961 and came into existence with effect from April 1, 1962. It has been amended nearly 65 times with more than 4,000 amendments."
New income tax bill reaches Parliament: Finance Minister Nirmala Sitharaman tables I-T Bill 2025 in Lok Sabha
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 laws,
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 received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the Parliament. The new Income Tax Bill, once passed by the Parliament, will replace the decades-old Income Tax Act of 1961.
FM Nirmala Sitharaman tables Income Tax Bill, 2025, in Lok Sabha
The proposed new bill is projected to have 23 chapters, 16 schedules, and approximately 536 clauses, a significant reduction compared to the previous act.
Biggest Tax Overhaul in Decades: FM Nirmala Sitharaman Tables New Income Tax Bill In Parliament
The Centre is set to introduce a new Income Tax Bill, aiming to replace the 64-year-old complex tax structure with a simplified, streamlined version. The proposed bill will feature fewer sections, reduced legal complexities,
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.
Finance Minister Nirmala SItharaman introduces new Income Tax Bill in Lok Sabha
Finance Minister Nirmala Sitharaman tabled the new Income Tax bill in Lok Sabha amid the huge uproar by the opposition MPs. The bill will now be referred to the Select Committee of Lok Sabha for further review.
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Budget Session 2025: What will be special in the new Income Tax Bill, you also know, Nirmala Sitharaman presented it in Lok Sabha
Finance Minister Nirmala Sitharaman on Thursday presented the new Income Tax Bill during the budget session in the Lok Sabha.
Nirmala Sitharaman tables new Income Tax Bill in Lok Sabha
The new Income Tax Bill, tabled by Nirmala Sitharaman, aims to simplify and modernize India's tax system. It will replace the ...