this is the provision in the new Income Tax Bill

New Income Tax Bill Tabled In Parliament. Here's What Is Different In It
Finance Minister Nirmala Sitharaman tabled the new income tax bill - which she had mentioned in her Budget speech on February 1, and which is expected to reduce the jargon in the Income-Tax Act of 1961,
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 its core principles. But does it go far enough? Mint explains
New Income Tax Bill likely to be introduced in parliament today; here's what to expect
The Union Cabinet last week cleared the new Income Tax bill. Sitharaman had indicated earlier that the bill will be sent to a parliamentary committee for scrutiny.
New Income Tax Bill to have 622 pages, 536 sections; likely to be tabled in Parliament on February 13
Simplified tax bill with 536 sections and 23 chapters to replace the complex Income Tax Act, 1961, set to introduce in the Lok Sabha.
New Income Tax Bill 2025 LIVE Updates: Parliament adjourned. FM Nirmala Sitharaman will introduce new I-T Bill at 2 pm
Finance Minister Nirmala Sitharaman will present the new I-T Bill 2025 in Parliament at 2 pm today, amid this, we take a look at the proposed amendments, simplifications, and other updates.
New Income Tax Bill: FM to introduce I-T Bill 2025 in Parliament on Thursday—5 things to know
Finance Minister Nirmala Sitharaman is set to introduce the Income Tax Bill 2025 in the Lok Sabha on Thursday, February 13. Once enacted, the the law will replace the six-decade old Income Tax Act 1961.
New Income-tax Bill, 2025 Introduced: A Major Leap Toward Simplified Tax Laws
The Income-tax Bill, 2025 exemplifies the Government’s resolve to enhance the ease of doing business and create a transparent, user-friendly tax framework.
New income tax bill reaches Parliament: Finance Minister Nirmala Sitharaman tables I-T Bill 2025 in Lok Sabha
Finance Minister Nirmala Sitharaman introduced the Income Tax Bill 2025 in Lok Sabha, aiming to replace the 1961 Act. Set for implementation in April 2026, it seeks to simplify and consolidate tax laws,
New Income Tax Bill introduced by Nirmala Sitharaman in Parliament, Opposition stages walkout
The new Income Tax Bill 2025 was tabled in the Lok Sabha on February 13, following which the Opposition MPs staged a walkout.
India to present new bill in Parliament to replace decades-old income tax law
India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of litigations.
Parliament Budget Session HIGHLIGHTS: JPC report on Waqf Bill, new Income Tax Bill tabled in Lok Sabha
The Rajya Sabha witnessed chaos on Thursday as opposition parties protested following the tabling of the Joint Parliamentary Committee (JPC) report on the Waqf (Amendment) Bill. The uproar led to a brief adjournment of the House.
New Income Tax Bill may be tabled by FM Sitharaman in Parliament today - Top points taxpayers should know
Finance Minister Nirmala Sitharaman is set to table the New Income Tax Bill, which aims to replace the 1961 Income Tax Act.
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 ...
What to expect from the new income tax law: Simplicity, tax certainty, reduced litigation
The government plans to replace the 1961 law, aiming for clearer regulations and reduced compliance costs for taxpayers. The ...