Income Tax New Bill 2025: Main Reforms, Tax Regulations & What Changes
India has made a bold step towards revolutionizing its tax regime with the introduction of the Income tax new bill 2025. Laid before Parliament on February 13, 2025, the bill seeks to simplify, modernize, and restructure the direct taxation system of the nation. Although most anticipated a rebranding to the Direct Tax Code, the government kept the traditional name, paying homage to continuity even as it introduces sweeping changes.