India’s tax system is undergoing a massive transformation with the introduction of the Income Tax Act 2025 PDF. The government introduced the New Income Tax Bill 2025 highlights in Parliament on February 13, 2025. This bill aims to replace outdated tax laws with a globally aligned, streamlined system. A review committee is currently analyzing the provisions, with its final report expected before the Monsoon Session. Website URL: https://justpaste.it/ij21b

The much-anticipated Income Tax Act 2025 has finally been presented in Parliament on February 13, 2025. A dedicated committee is reviewing the bill and will submit its report by the first day of the Monsoon Session. With a significant overhaul in structure, language simplification, and new provisions, this law is expected to transform India’s tax system. Taxpayers, professionals, and students preparing for taxation-related exams should take note…