Nirmala Sitharaman Introduces New Income Tax Bill 2025 in Lok Sabha: Key Changes and Implications
Union Finance Minister Nirmala Sitharaman introduced the Income Tax Bill 2025 in the Lok Sabha on Thursday, proposing significant changes to simplify India’s direct tax system. The bill, which aims to replace the existing Income Tax Act of 1961, was met with opposition but was introduced through a voice vote. Sitharaman also proposed that the … Read more