Finance Minister Nirmala Sitharaman introduces revised Income Tax Bill in Lok Sabha
Finance Minister Nirmala Sitharaman today introduced the revised Income Tax (No. 2) Bill, 2025 in the Lok Sabha, aiming to modernise and replace the Income Tax Act of 1961. This move comes after the original bill, introduced in February 2025, was withdrawn following recommendations by the Select Committee chaired by Baijayant Panda. The government cited