Income Tax Act 2025 PDF: New Income Tax Bill 2025 Highlights
India\'s tax system is undergoing a massive transformation with the introduction of the Income Tax Act 2025 PDF. The government introduced the New Income Tax Bill 2025 highlights in Parliament on February 13, 2025. This bill aims to replace outdated tax laws with a globally aligned, streamlined system. A review committee is currently analyzing the provisions, with its final report expected before the Monsoon Session. Understanding these changes is essential for taxpayers, financial professionals, and businesses to ensure compliance. This article outlines the major amendments, implementation timeline, and key implications.