The Income Tax Act 2025- A Smarter and Simplified Tax System
The new Income Tax Act, 2025 will be applicable from 1st April, 2026, replacing the six-decade-existing Income Tax Act, 1961. The new Bill removes redundant provisions and outdated language, and is likely to come into effect from April 1, 2026. This bill aims to reduce the complexity of India’s current tax framework simplifying the language of […]
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