![New Income Tax Bill 2025: Major Overhaul of India’s Tax System | Key Takeaways & Exam Relevance New Income Tax Bill 2025 India](https://edunovations.com/currentaffairs/wp-content/uploads/2025/02/New-Income-Tax-Bill-2025-India-1.jpg)
New Income Tax Bill 2025: Major Overhaul of India’s Tax System | Key Takeaways & Exam Relevance
Cabinet Passes New Income Tax Bill 2025: A Major Overhaul of India’s Tax System The Union Cabinet has approved the New Income Tax Bill 2025, marking a significant transformation in India’s tax regime. This bill aims to simplify the tax structure, reduce compliance burdens, and promote economic growth. The proposed changes are expected to impact…