Start Of Tax Year 2025

Start Of Tax Year 2025. The new income tax bill 2025, which is likely to be tabled in the parliament on february 13, aims to simplify the terminology used in tax laws in india. Explore the key takeaways of the new income tax bill 2025, including structural changes, simplified provisions, and updates in tax year terminology and tds/tcs rules.

Budget 2025 income tax slab changes: The new income tax bill 2025 (direct tax code) will replace the income tax act of 1961.