Parliament Clears New Income Tax Bill, Paving Way for Simpler Tax Regime from April 2026
Parliament on Tuesday passed the Income Tax Bill, 2025, marking the most significant overhaul of India’s direct tax legislation in over six decades. The Rajya Sabha returned the Bill to the Lok Sabha with a voice vote, completing its legislative journey. The new law will formally replace the Income Tax Act, 1961, and is set […]
Income Tax Bill 2025: Government’s Power to ‘Override’ Online Access Codes Raises Privacy & Compliance Concerns
New Delhi | The proposed Income Tax Bill 2025 introduces new provisions empowering tax authorities to override online access controls, allowing them to bypass passwords and encryption during search and seizure operations. While officials claim these changes aim to modernize tax enforcement, they have triggered privacy concerns among digital rights advocates and financial experts. What’s […]