Income Tax Bill 2025 Details, Highlights & Applicability Explained
The Income Tax Bill 2025 details were officially presented in Parliament on February 13, 2025. This long-anticipated legislation marks a major reform in India’s direct tax framework. A dedicated committee will now review the bill and submit its report by the Monsoon Session\'s first day. As the new Act is expected to replace the current Income Tax Act of 1961, understanding the income tax bill 2025 details is crucial for taxpayers, students, and professionals alike.