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The **Income Tax New Bill 2025** introduces significant changes to the tax system, impacting individuals, businesses, and investments. Stay informed about the latest updates, key provisions, and expert insights on how these reforms may affect your tax liabilities. Whether you’re a taxpayer, accountant, or financial professional, explore in-depth analysis, exemptions, deductions, and compliance requirements under the new bill. Stay ahead with our comprehensive coverage and expert opinions.
On February 13, 2025, Finance Minister Nirmala Sitharaman introduced, the Income Tax Bill 2025 in Parliament as a significant step towards simplifying India’s tax structure. The bill aims to replace the existing tax laws with a streamlined framework that is easier to understand and comply with. Key Features of the New Income Tax Bill 1. […]
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The Income Tax Bill, 2025, introduces new regulations and reporting requirements for agricultural income, aiming to improve transparency while maintaining tax exemptions for genuine farmers. While agricultural income remains tax-free, the government has implemented stricter compliance measures to prevent misuse and ensure accurate income declarations. In this blog, we break down the latest changes, their […]
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The Income Tax Bill, 2025, introduces significant changes to foreign income taxation and digital economy regulations. With globalization and the rise of cross-border digital transactions, the government aims to prevent tax evasion, increase compliance, and ensure fair taxation for individuals and businesses earning income abroad. In this blog, we explore the new tax provisions and, […]
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The Income Tax Bill, 2025, has introduced several key changes affecting House Rent Allowance (HRA) and Section 80C deductions, two of the most commonly used tax-saving tools for salaried individuals. Understanding these updates will help taxpayers maximize their benefits and plan their tax-saving strategies efficiently. In this blog, we will explore the new provisions, who […]
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The Income Tax Bill, 2025, introduces several key reforms aimed at reducing tax disputes and streamlining litigation. By enhancing clarity in tax provisions, increasing automation in assessments, and introducing alternative dispute resolution mechanisms, the new bill seeks to minimize tax-related conflicts. But will these changes effectively reduce litigation? Let’s explore the key aspects of the […]
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