New Income Tax bill explained

New Income Tax Bill: Taxpayers can find the relevant provision through section-wise mapping utility. Check here
Income tax department has launched the new utility to enable taxpayers find the relevant provision in New Income Tax bill by navigating from the old Income Tax Act, 1961
Income Tax portal now offers section-to-section mapping for new Tax Bill
Taxpayers can now easily compare sections of the Income Tax Act, 1961, with corresponding clauses in the new Income Tax Bill, 2025, through an online utility provided by the tax department. The Section-to-Section mapping has been uploaded on the I-T department’s website for public access.
Income Tax Bill 2025 - Overview & Key Points
Explore overview of Income Tax Bill 2025, major tax reform simplifies laws, enhances compliance, & introduces digital integration for a transparent system.
India's new income tax bill proposes broad access to taxpayers' devices, social media accounts
India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media accounts during searches, activities which are not covered in the current tax law.
India makes tax filing easier with new Income Tax Bill 2025
Dubai: After raising the no income tax limit for residents to Rs1.2 million, India has now brought out an updated Income Tax Bill – and made the whole process of tax filings much simpler. “The Rs1.2 million tax-free income is a big deal indeed compared to the earlier Rs300,
Mint Explainer | New income tax bill: Why was there a need for a new legislation?
The new income tax Bill aims to simplify India's tax law, eliminating redundancies and improving readability without altering ...
Income Tax Bill 2025: Have any doubts or confusions? A new self-help tool can provide instant answers
Income taxpayers can now compare sections of the Income Tax Act, 1961 with the simplified Income Tax Bill of 2025 via the tax ...
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Income Tax: How will your salary be taxed under the new income tax law, taxpayers should know important updates..
The Government of India has introduced a new Income Tax Bill, which aims to simplify the tax on income. It is expected to ...
Income Tax Bill 2025: I-T department launches self-mapping tool to compare old act, new bill
The Income Tax Department has made available a comprehensive comparison tool on their website, detailing the correlation ...
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Income-Tax Bill 2025: How provisions, sections for senior citizens have been covered under the new bill
In accordance with section 153 of the Income-Tax Bill 2025, senior citizens are eligible to claim a tax deduction of Rs ...
College athletes could get tax breaks under new NIL bill: Will it boost Alabama’s recruiting?
If passed, the legislation would exempt college athletes from paying state income tax on their NIL compensation.
Beshear signs bill lowering individual income tax in Kentucky
Bookmark this list of noteworthy bills and check back for updates through the 2025 Kentucky legislative session.
Income Tax Bill 2025 drops inter-corporate dividends; what does this mean for companies
Under Section 80M of the present income tax law, Indian companies are allowed to deduct dividends received from domestic or ...