
Budget 2025: New income tax law may come in the budget session of Parliament, know what changes can happen
New Delhi: The government may introduce a new Income Tax Bill in the upcoming budget session of Parliament (Budget Session 2025). Its objective is to make the existing Income Tax Act, 1961 simple, clear and understandable. In this new law, the number of pages can be reduced by about 60%. Finance Minister Nirmala Sitharaman had…