Income Tax Bill 2025 May Be Implemented From April 1, 2026; No Changes In STCG; All You Need To Know – Top Speed News
Last Updated:February 12, 2025, 17:16 IST The new income tax bill, known as the ‘Income Tax Bill 2025’, comprises 600 pages, 23 chapters, 16 schedules, and 536 clauses (to become Sections after the bill is passed). New Income Tax Bill proposes to replace the words ‘assessment year’ and ‘previous year’ with just one word ‘tax…