News & Media 27th Jan 2025

Budget 2025: Will FM Sitharaman announce a new Income Tax Act soon? Experts expect easier ITR filing rules, TDS tweaks

Authors

Dipesh JainPartner | Mumbai

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In her Budget 2024 speech, Union Finance Minister announced a comprehensive review of the income tax law. The Hon’ble FM emphasized that the Act would be restructured to make it more concise, clear, and user-friendly. “This will help reduce disputes and litigation, ensuring greater tax certainty for taxpayers”.

Livemint Lounge’s Vimal C. Joshi writes on “Budget 2025: Will FM Sitharaman announce a new Income Tax Act soon? Experts expect easier ITR filing rules, TDS tweaks” with expert insights from our Partner Dipesh Jain.

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