Finance Minister Nirmala Sitharaman is set to present the Revised Income Tax Bill 2025 in Parliament soon. The new bill is expected to bring major changes to simplify tax rules and make compliance easier for individuals and businesses.

The Finance Ministry has been working on updating the current tax law to align with modern economic needs, improve transparency, and ensure a fairer tax system. Sources say the revised bill could include changes in tax slabs, better digital filing systems, and measures to reduce tax disputes.

Once passed, the new Income Tax Bill 2025 will replace older provisions and provide a clearer framework for taxpayers. Experts believe this move will not only make paying taxes simpler but also encourage more people to file returns on time.