{"id":1566,"date":"2025-07-17","guid":{"rendered":"https:\/\/APNOKACA.com\/blog\/?p=105601"},"modified":"2025-07-17","slug":"new-income-tax-bill-2025-big-changes-coming-","status":"publish","type":"post","link":"https:\/\/APNOKACA.com\/blog\/new-income-tax-bill-2025-big-changes-coming-","title":{"rendered":"New Income Tax Bill 2025: Big Changes Coming!"},"content":{"rendered":"\n
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<\/i> Income tax <\/a>

New Income Tax Bill 2025: Big Changes Coming! <\/h1> <\/div>

India is embarking on a major tax reform, replacing its outdated Income Tax Act, 1961, with the New Income Tax Bill 2025. A parliamentary committee has proposed 285 changes to this draft legislation, aiming to simplify language, modernize provisions (including for digital assets), reduce litigation, and enhance taxpayer experience. This blog post breaks down the reasons behind this overhaul, the committee's role in suggesting extensive \"corrective\" changes, and the key implications for taxpayers as India moves towards a new tax regime from April 1, 2026. <\/p>

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<\/div> Krishna Gopal Varshney <\/a>

An editor at Myitronline<\/p> <\/div>