India's new era in taxation: Features of the Income Tax Bill 2025

The Income-tax Bill, 2025 (“Bill”) is set to replace the Income-tax Act, 1961 (“ITA”), ushering in a significant transformation in India’s taxation framework. This reform aims to simplify tax compliance, reduce disputes, and make the system more transparent and efficient. In this article, we have highlighted some key features of the new Income Tax Bill that are set to bring significant shifts to India’s tax landscape.

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