Sunday, May 31, 2026

"i-t-bill"

Key details of the New Income Tax Bill, Deets here

New I-T Bill, likely to be tabled in Parliament on February 13, will have 536 sections and do away with ‘previous year’ concept
Govt coming up with sweeping reforms in new I-T Bill, say sources

Bill to be tabled in Parliament on Feb 6 to overhaul entire tax system; changes aimed at making the filing of IT returns common man friendly
Budget 2025-26: Government to rationalise TDS to ease compliance burden

The government will also be introducing new Income Tax (I-T) bill in Parliament next week: Nirmala Sitharaman