Government Set to Unveil Draft of New Income Tax Bill Following Major Tax Reforms in Union Budget 2025-26

New Delhi, Feb 3 : After revising the tax slabs in the Union Budget 2025-26 to give taxpayers more disposable income, the government is expected to present the much-awaited draft of the new Income Tax Bill on February 6. The proposed bill aims to introduce major reforms to the existing Income Tax Act, potentially reducing…