New Income Tax Bill 2025 Highlights & Key Structural Changes
The Indian government has taken a significant step toward modernizing the tax system by introducing the new income tax bill 2025 highlights. Presented in Parliament on February 13, 2025, this bill aims to simplify tax laws, make them more accessible, and align with global best practices. Notably, the new law will replace the long-standing Income Tax Act of 1961 and come into effect from April 1, 2026,…