Income Tax Department Releases FAQs on New Income Tax Bill 2025  

The Income Tax Department has published a set of frequently asked questions (FAQs) to help both tax experts and the general public understand the New Income Tax Bill 2025. These FAQs clarify the purpose behind the new bill, highlight key changes and explain what remains unchanged from the existing tax framework. Additionally, they provide insights into the size and complexity of the current Income Tax Act and how the new bill aims to simplify tax administration for taxpayers.

We have provided the FAQs released by the Income Tax Department here for your reference: