India’s New Income Tax Bill 2025: A Bold Step Toward Simplicity and Transparency
On August 11, 2025, the Lok Sabha passed the Income Tax (No. 2) Bill, 2025, marking one of the most significant tax reforms in recent decades. The new bill aims to replace the Income Tax Act of 1961, simplifying provisions, enhancing transparency, and aligning the tax system with India’s digital governance vision. This law is … Read more