New Income Tax bill explained

Nirmala Sitharaman introduces new Income Tax Bill, proposes it be sent to select committee
The Union finance minister says in the Lok Sabha that ‘substantial’ changes are being made to the Income Tax Act 1961.
LIVE
New Income Tax Bill 2025 LIVE Updates: FM Nirmala Sitharaman introduced new I-T Bill in Lok Sabha
New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 in Lok Sabha. The I-T bill was announced during her Budget speech on February 1 and was approved by the Cabinet on February 7.
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. In the new Income Tax Act, the previous year and assessment year have been abolished,
Nirmala Sitharaman defends income tax relief in Rajya Sabha; tables new Income Tax Bill in Lok Sabha
Finance minister Nirmala Sitharaman defended the income tax relief for the 2025-26 budget, highlighting its benefits for all income groups, with higher savings for lower earners. She introduced a bill to simplify the tax regime,
Finance Minister Nirmala Sitharaman Tables New Income Tax Bill In Lok Sabha
Finance Minister Nirmala Sitharaman presented the new Income Tax Bill In Lok Sabha on Thursday, which will replace the Income Tax Act, 1961. The finance minister said, "We are reducing the number of income tax sections to 536." She added that substantial changes are being made to the income tax bill, with a reduction in the number of chapters.
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."
Nirmala Sitharaman introduces Income Tax Bill 2025 in Lok Sabha
Union Finance Minister Nirmala Sitharaman Thursday introduced the Income Tax Bill 2025 in the Lok Sabha. The new income tax bill will replace terminologies like assessment and previous year with easier-to-understand ‘tax year’ as part of the move to simplify language while removing provisos and explanations.
New Income Tax Bill 2025 introduced by FM Nirmala Sitharaman in Parliament today: Check details
Finance Minister Nirmala Sitharaman has introduced the new income tax in Parliament today. The new Income Tax Bill will replace the Income Tax Act of 1961. The new tax bill is being brought to simplify the tax laws and remove obsolete and redundant laws.
New Income Tax Bill 2025: FM Nirmala Sitharaman tables the new income tax bill in Lok Sabha
This new bill, tabled in Lok Sabha by Finance Minister Nirmala Sitharaman, seeks to replace the existing Income Tax Act, 1961 and introduce changes that affect different categories of taxpayers, including individuals, businesses, and non-profit organizations.
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 'Simplified' Income Tax Bill 2025 | Watch
Finance Minister Nirmala Sitharaman introduced the Income Tax Bill 2025, which aims to simplify the tax system. The bill revises income tax slabs, introduces the term "tax year," and reduces tax litigation.
Watch: Raghav Chadha Tears Into Sitharaman’s Middle-Class Tax Claim | ₹12 Lakh Tax Relief a Bluff?
In a video posted on 'X', Chadha claimed his explanation on the income tax rebate was complicated by the Union Minister. He ...
The Pioneer1h
AAP's Raghav Chadha hits back at Sitharaman, accuses FM of personal attacks over tax debate
AAP Rajya Sabha MP Raghav Chadha on Friday hit back at Union Finance Minister Nirmala Sitharaman over her remarks in ...