this is the provision in the new Income Tax Bill

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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.
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.
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.
New Income Tax Bill 2025 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."
Income Tax Bill, 2025: A New Chapter in Tax Legislation
Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, aiming to simplify tax terminology and reduce legal sections. Despite opposition, the bill was moved to a House committee for further consideration.
What FM Sitharaman’s New Income Tax Bill Offers to India Inc
The bill advances the Modi government’s "ease of doing business" initiative by providing a clear and simple tax framework
Finance Minister Nirmala Sitharaman Tables New Income Tax Bill In Lok Sabha
Finance Minister Nirmala Sitharaman tabled the new Income Tax Bill 2025 in Lok Sabha on Thursday. The minister moved a motion to form a select committee on the bill, which was passed by the House.
Sitharaman introduces New Income Tax Bill in LS
Union Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, in the Lok Sabha on Thursday and urged Speaker Om Birla to refer it to a select committee of the House. Opposition members opposed the Bill at the introduction stage but the House passed a motion by voice vote for its introduction.
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.
New Income Tax Bill 2025: 'Layman's Tax Code' - Expert Decodes
Finance Minister Nirmala Sitharaman , in her Union Budget 2025 speech, announced a historic move—the introduction of a new Income Tax Bill to replace the six-decade-old Income Tax Act of 1961.Today, the bill has been officially tabled in Parliament,
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Nirmala Sitharaman's New Income Tax Bill: A historic overhaul to rewrite India’s tax future, say experts
FM tables the Income Tax Bill, 2025, which aims to simplify tax laws, enhancing clarity. Experts say it is a serious attempt to simplify and remove ambiguity ...
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New Income Tax Bill more complicated than previous one, says Congress MP Manish Tewari
Congress MP Manish Tewari on Thursday criticized the new Income Tax Bill, arguing that, contrary to Union Finance Minister ...