New Income Tax Bill 2025: Key Changes and What They Mean for You

Finance1 months ago

Source: New Income Tax Bill 2025: Key Changes and What They Mean for You

The New Income Tax Bill 2025 draft has been released, bringing significant changes to India’s tax system. Key updates include the introduction of simplified tax brackets, changes in tax deductions, and new provisions for digital transactions and virtual assets like cryptocurrency. This bill aims to streamline and modernize the taxation process, making it more transparent and user-friendly. Read our detailed analysis of what these changes mean for individuals and businesses in India.