New Income Tax Bill 2025 Highlights: Important Changes & Tax Reform Handbook
The Indian government has formally presented a major overhaul of its tax legislations in the form of the New Income Tax Bill 2025 highlights. Although most people anticipated a new start under the Direct Tax Code, the government stuck with the original title—Income Tax Bill—and instead decided to overhaul its framework, phrasing, and intent. Tabled in Parliament on February 13, 2025, this reform will seek to ease taxation, enhance transparency, and bring compliance into the modern age.