Home / News / India News / Article / Lok Sabha passes new Income Tax Bill, here are key takeaways

Lok Sabha passes new Income Tax Bill, here are key takeaways

Finance Minister Nirmala Sitharaman reintroduced the bill -- first tabled in February and withdrawn on August 8 -- with substantial changes based on recommendations from a Parliamentary Select Committee

Listen to this article :
Representational Pic/File

Representational Pic/File

The Lok Sabha on Monday passed the Income Tax Bill, 2025, aimed at overhauling India’s 63-year-old income tax framework, in just three minutes and without debate, reported the PTI.

The swift passage occurred amid protests by opposition members over alleged irregularities in Bihar's electoral roll revision.

Finance Minister Nirmala Sitharaman reintroduced the bill -- first tabled in February and withdrawn on August 8 -- with substantial changes based on recommendations from a Parliamentary Select Committee.

How do you like the new new mid-day.com experience? Share your feedback and help us improve.

Read Next Story
Uttar Pradesh: Man, woman found hanging from tree in Budaun; police suspect suicide

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement