New Income Tax Bill Aims for Clarity and Simplification, Says FM Nirmala Sitharaman

Last updated: 15 February 2025

Finance Minister Nirmala Sitharaman on Thursday dismissed claims that the new Income Tax Bill is merely a mechanical revision of the existing law. Introducing the Bill in the Lok Sabha, she urged Speaker Om Birla to constitute a Select Committee to examine it, with a report expected by the Monsoon S

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