Income Tax Bill 2025 News - Latest Updates & Headlines
New Income Tax Bill to be taken up for discussion in monsoon session: FM Sitharaman
New Delhi, March 25: Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Tuesday said that the new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament.
New Income Tax Bill to be introduced in monsoon session: FM Sitharaman
New Delhi, March 25: The new Income Tax Bill will be taken up for discussion in the Monsoon session of Parliament, Finance Minister Nirmala Sitharaman told the Lok Sabha on Tuesday.
Claims that new powers being introduced in new income tax bill incorrect: Sources
New Delhi, March 9: Sources in the Central Board of Direct Taxes (CBDT) have sought to clear the air after some concerns were raised that Income Tax authorities have been given additional powers in the Income Tax Bill 2025 to gain overriding access to the electronic records including email, social media, and virtual digital space.
Will keep check on people's business: BJP's CT Ravi on Income Tax Bill 2025
Bengaluru, March 6: BJP leader CT Ravi said on Thursday said that the Income Tax Bill 2025 will keep a check on the businesses of the people and said only people who do not pay taxes need to be scared.
Meeting of Select Committee of Lok Sabha to examine new Income Tax Bill underway in Parliament
New Delhi, March 6: A meeting of the Select Committee of the Lok Sabha, under the chairmanship of Bharatiya Janata Party MP Baijayant Panda, to examine the Income-Tax Bill 2025 is underway at the Parliament House Annexe in New Delhi.
Lok Sabha Select Committee to examine Income-Tax Bill on March 6-7
New Delhi, March 4: The Select Committee of the Lok Sabha, under the chairmanship of Bharatiya Janata Party MP Baijayant Panda, will examine the Income-Tax Bill 2025 on March 6 and 7.
MP Baijayant Panda to chair Select Committee on Income-Tax Bill on March 6-7
New Delhi, February 27: The Select Committee of the Lok Sabha under the chairmanship of BJP Vice President and Lok Sabha MP Baijayant Panda will examine the Income-Tax Bill 2025 on March 6 and 7, 2025.
Govt received over 60,000 inputs from citizens towards new Income Tax Bill: FM
Mumbai, Feb 17: The government received more than 60,000 inputs from the citizens towards the making of the new Income Tax Bill, 2025, Union Finance Minister Nirmala Sitharaman said on Monday.
Baijayant Panda to chair Select Committee on Income-Tax Bill
New Delhi, February 15: Lok Sabha Speaker Om Birla constituted a 31-member Select Committee of Lok Sabha MPs to examine the new Income Tax Bill, which aims to simplify tax laws, modernise definitions, and provide more clarity on various tax-related matters.
New simpler Income Tax Bill slashes volume of Income Tax Act, 1961 by half
New Delhi, Feb 13: The Income-Tax Bill, 2025 tabled in Parliament on Thursday, marks a significant step toward simplifying the language and structure of the Income-tax Act, 1961 based on global best practices, according to a statement issued by the Finance Ministry.
FM Sitharaman introduces new Income Tax Bill in Lok Sabha
New Delhi, Feb 13: Finance Minister Nirmala Sitharaman introduced the new Income Tax Bill, 2025, in the Lok Sabha on Thursday as part of the tax reforms to streamline and simplify the provisions so that they are easier to understand and reduce the scope for legal disputes.
FM Sitharaman tables new Income Tax bill in Lok Sabha, virtual assets like crypto defined under income from other sources
New Delhi, February 13: The government on Thursday tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernize definitions, and provide more clarity on various tax-related matters.
Explained: Why Income-Tax Bill 2025 is a much-needed reform
New Delhi, Feb 12: As India moves closer to a major tax overhaul, the new Income-Tax Bill 2025 seeks to simplify the tax structure and to make it more transparent, efficient, and business-friendly.