New Bill 2025. Proposed in Parliament on February 13, 2025, the bill looks to replace the aging Income Tax Act, 1961. It introduces with it a revitalized framework, simplified language, and a modern perspective with an eye towards making things more transparent and compliant.
To help taxpayers, students, and professionals, the government has made sure that the income tax bill 2025 information is in a format that is easily accessible online. This measure beforehand ensures that all stakeholders know about it long before the law comes into implementation.