What is the SIMPLE principle in New Income Tax Bill?

Wednesday, 13 August 2025 (12 hours ago)
The Income Tax (No 2) Bill, seeking to replace the six decades old Income Tax Act 1961 and make the provisions S.I.M.P.L.E. to understand, was given a nod by the Lok Sabha sans opposition debate on Monday, i.e., August 11. But do you know what is S.I.M.P.L.E.? Let's discuss.

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Income tax Tax based on taxable income

Lok Sabha Lower house of the Parliament of India

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