New income tax bill to be effective from April 1, 2026

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The caller Income Tax Bill is apt to beryllium presented successful parliament tomorrow, February 13, and volition beryllium implemented from April 1, 2026, sources told Zee Business.

"The caller income taxation measure is made up of 622 pages, and words person been reduced from six lakh words to 3 lakh words," according to the sources.

In her fund code connected February 1, Nirmala Sitharaman had said that she volition present the caller income taxation measure adjacent week.

Instead of appraisal year, fiscal year, and erstwhile year, determination volition present beryllium lone taxation year.

This is simply a processing story. More details volition beryllium added shortly.

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