New Income Tax Bill may be tabled by FM Sitharaman in Parliament today - Top points taxpayers should know

Quick Summary:

New Income Tax Bill LIVE: Finance Minister Nirmala Sitharaman is set to table the New Income Tax Bill, which aims to replace the 1961 Income Tax Act.

The bill seeks to simplify tax laws while retaining current obligations and minimize disputes.

With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaPakistan

Topics: Budget 2025 What is the New Income Tax Bill Finance Minister Nirmala Sitharaman Direct tax laws Business news New Income Tax Bill New income tax bill explained Income Tax Act 1961 New income tax bill faqs

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 14:06:23 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 585 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 26070310

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