FM Tables Income-Tax Bill 2025 in the Parliament
- Blog|News|Income Tax|
- < 1 minute
- By Chetan Kulasri
- |
- Last Updated on 15 February, 2025
Latest from Taxmann
Bill no. 24 of 2025, dated 13-02-2025
The FM Nirmala Sitharaman tabled the new income tax bill in parliament on Feb 13, 2025. The bill will be referred to the standing committee for further approval.
The proposed 622-page Income Tax Bill 2025 is set to replace the 65-year-old Income-tax Act 1961. Once enacted, it will be known as the Income Tax Act 2025 and is expected to come into effect in April 2026.
Click Here To Read The Full Updates
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
CA | CS | CMA
