Cabinet clears new income tax bill

Cabinet clears new income tax bill

Finance minister nirmala sitharaman had announced in budget 2025 that the new tax bill will be introduced in the ongoing session of parlament. , Photo Credit: Getty Images/Istockphoto The Union Cabinet on Friday (February 7, 2025) Approved the new income tax bill, which will replace the six decades old it act, sources said. The new…

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