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FM Nirmala Sitharaman will present a new, streamlined version of the current Income Tax Act, 1961, known as the new Income Tax Bill, in parliament today.

FM Nirmala Sitharaman to unveil the New Income Tax Bill in Lok Sabha Today

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The government may soon introduce the new Income Tax Bill 2025 in Parliament, as per reports. Probably, it is expected to happen on Feb 13, 2025.

New Income Tax Bill 2025: Key Updates and Expected Changes

The new direct tax code is anticipated to be introduced to the Lok Sabha this week. The new tax bill is part of a bigger attempt to reform the country's tax system.

New Income Tax Bill 2025: New Income Tax Bill to be introduced in Lok Sabha on Thursday; How will it affect taxpayers?

The new Income Tax Bill would likely propose 23 chapters and 16 schedules, according to sources. It will use simpler terminology like "tax year."

New Income Tax Bill 2025: 23 Chapters and 16 Schedules as part of the New Bill, Say Sources

Download New Income Tax Bill

The government plans to introduce the much-anticipated New Income Tax Bill in Parliament on Thursday (February 13), said the sources.

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FM Nirmala Sitharaman to unveil the New Income Tax Bill in Lok Sabha Today

New Income Tax Bill 2025: Key Updates and Expected Changes

New Income Tax Bill 2025: New Income Tax Bill to be introduced in Lok Sabha on Thursday; How will it affect taxpayers?

New Income Tax Bill 2025: 23 Chapters and 16 Schedules as part of the New Bill, Say Sources

Download New Income Tax Bill

Government is likely to table over 600-page long New Income Tax Bill in Parliament on Thursday