New Income Tax Bill cleared by Cabinet: What is the New Income Tax Bill & why is it being introduced? Explained
Friday, 7 February 2025 New Income Tax Bill: The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax legislation. This proposed bill, featuring clearer language and concise sentences, is expected to reduce legal disputes and will be reviewed during the Budget session.
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The new income tax bill, which was approved by the cabinet on February 7, is expected to be introduced in the parliament today. The new bill will replace the... Zee News
The Union Cabinet last week cleared the new Income Tax bill. Sitharaman had indicated earlier that the bill will be sent to a parliamentary committee for... DNA
The Union Cabinet last week cleared the new Income Tax bill. Sitharaman had indicated earlier that the bill will be sent to a parliamentary committee for... DNA