Budget 2025: New Income Tax Law and Expectations

Last updated: 20 January 2025 Follow on Google News

The upcoming Budget 2025 session of Parliament is set to witness the introduction of a brand-new Income Tax Bill, aimed at simplifying the decades-old Income Tax Act of 1961. According to a report, the proposed law will reduce the number of provisions and chapters by around 60%, making it concise, e

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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