New Income Tax Bill 2025 Highlights & Key Changes

The Income Tax Bill 2025 was introduced in Parliament on February 13, 2025, marking a significant reform in India's taxation framework. A specialized committee is currently reviewing the bill and is expected to present its report by the Monsoon Session. This legislation introduces structural modifications, simplified language, and new provisions to modernize India's tax system. Understanding the new Income Tax Bill 2025 highlights is essential for taxpayers, financial professionals, and students preparing for taxation-related examinations. This article provides a comprehensive overview of the Income Tax Bill and its key implications. Readers can also download the Income Tax Bill for a complete understanding of the proposed framework.