Nirmala Sitharaman tables new Income Tax Bill in Lok Sabha
- Posted on February 13, 2025
- By Business News Today
- 2 Views
Nirmala Sitharaman tables new Income Tax Bill in Lok Sabha
The new Income Tax Bill, tabled by Nirmala Sitharaman, aims to simplify and modernize India's tax system. It will replace the Income Tax Act of 1961, with a focus on reducing legal complexities, making taxpayer compliance easier, and cutting down the length of the current law by 50%.
