Hosted on MSN

What is the New Income Tax Bill 2025? Income Tax Act 1961 to be replaced; top points taxpayers should know

New Income Tax Bill 2025: The New Income Tax Bill has been passed by the Parliament, marking a significant reform to modernise the longstanding income tax legislation for both individuals and ...

New Income Tax Act, 2025 to come into effect from April 1; Major changes and new provisions explained

The new Income Tax Bill replaces the six-decade-old Income Tax Act of 1961.
Reuters

India's new income tax bill proposes broad access to taxpayers' devices, social media accounts

NEW DELHI, Feb 13 (Reuters) - India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media accounts during searches, activities which are ...