Hope to introduce new income tax bill in Lok Sabha next week: Nirmala Sitharaman

February 8, 2025 admin

Union Finance Minister Nirmala Sitharaman, Reserve Bank of India Governor Sanjay Malhotra and Directors during the 613th Meeting of Central Board of Directors (CBD) of the RBI in New Delhi on February 8, 2025. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on Saturday (February 8, 2025) said she is likely to introduce the new…

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Cabinet clears new income tax bill

February 7, 2025 admin

Finance Minister Nirmala Sitharaman had announced in Budget 2025 that the new tax bill will be introduced in the ongoing session of Parliament. | Photo Credit: Getty Images/iStockphoto The Union Cabinet on Friday (February 7, 2025) approved the new income tax bill, which will replace the six decades old I-T Act, sources said. The new…

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