Income Tax Bill 2025: Key Tax Reforms & New Rules Effective from April 2026

The Income Tax Bill 2025 is a proposed legislation that aims to amend and consolidate existing income tax laws. It seeks to simplify the tax system, promote compliance, and address various tax-related issues. The bill is expected to introduce changes to tax slabs, deductions, and other provisions. It may also include measures to enhance tax administration and reduce litigation. The Income Tax Bill 2025 is a significant piece of legislation that will impact individuals and businesses. Its provisions will shape the future of income tax in the country.