New Income Tax Bill: 23 Chapters, 16 Schedules and Key Reforms to Simplify Taxation
Posted on February 12, 2025, by Niftynews The much-awaited New Income Tax Bill is set to make a major overhaul of the Indian tax system, with the proposal to introduce 23 chapters and 16 schedules. The bill is aimed at simplifying the tax framework, reducing paperwork, and enhancing compliance for both taxpayers and the tax department….