New Direct Tax Code to Simplify Structure, No New Taxes to Be Introduced: Finance Secretary

Last updated: 06 February 2025

In a significant update ahead of the Budget 2025-26, Finance Secretary Tuhin Kanta Pandey confirmed that the upcoming New Direct Tax Code Bill will not introduce any new taxes.Pandey clarified that the bill, set to be introduced in the Budget session of Parliament by Finance Minister Nirmala Sithara

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