Lok Sabha Passes New Income Tax Bill, Major Changes to Come into Effect from April 2026
New Delhi, August 11 (H.S.) – The Lok Sabha on Monday passed the revised New Income Tax Bill, 2025 and the Taxation Laws (Amendment) Bill, 2025, marking a significant step toward replacing the existing Income Tax Act, 1961. Finance Minister Nirmala Sitharaman presented the revised version of the bill, which was approved immediately. The bill … Read more