New Income Tax Bill 2025: Approved in Lok Sabha.. What Are the Key Changes?
New Delhi: The Lok Sabha in the Indian Parliament approved the new Income Tax (No. 2) Bill, 2025 on Monday (August 11, 2025) without any discussion. Union Finance Minister Nirmala Sitharaman introduced this bill. This new bill will completely replace the old Income Tax Act that came into effect in 1961. Almost all recommendations suggested […]
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