India’s New Income Tax 2025 blueprint: Simpler taxes, stricter penalties
The Income Tax Bill, 2025, introduces a streamlined tax regime with revised slabs and lower compliance burdens while imposing stricter penalties for violations. Designed to boost growth amid global challenges, the bill aligns with India's investor...
By ET Bureau |
Agencies
The Income Tax Bill, 2025, aims to usher in a simplified regime by tweaking tax slabs and reducing compliance burden while making violations expensive. It comes at a time when mounting external headwinds have forced the country to pull all domestic levers to realise high growth, and the new investor-friendly tax regime is part of that strategy. A look at the key measures and their impact.
