THEBUSINESSBYTES BUREAU NEW DELHI, MARCH 25, 2025 The much-anticipated Income Tax Bill, 2025, aimed at replacing the six-decade-old Income Tax Act, 1961, will be taken up for discussion in the Monsoon session of Parliament, Finance Minister Nirmala Sitharaman announced in the Lok Sabha on Tuesday. The proposed Bill seeks to simplify direct tax laws, eliminate ambiguities, and reduce tax disputes ...

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