Breaking: New Income Tax Bill 2025 passed in Lok Sabha
11 August 2025CA Pratibha Goyal
Breaking: New Income Tax Bill 2025 passed in Lok Sabha
The Lok Sabha on Monday, 11 August, passed the modified new Income Tax (No.2) Bill 2025 and the Taxation Laws (Amendment) Bill, 2025.
Once Passed by Rajya Sabha and assented by the President, this will replace the Age Old Income Tax Act 1961 from 1st April 2026.