Hyderabad, Feb. 13 -- Union Finance Minister Nirmala Sitharaman tabled the income tax bill 2025 in the Lok Sabha on Thursday, February 13.

The Bill was tabled amid pushback from the Opposition leaders demanding discussion over the Waqf Amendment Bill. The leaders then in protest walked out of the house as the Bill was being introduced.

The lower house of the parliament was adjourned till March 10.

The revised income tax law is expected to be clear, concise, consistent and supplemented with illustrative examples to aid understanding and interpretation by various stakeholders, which will also eliminate obsolete and redundant provisions, according to industry experts.

The ongoing review of the Income-tax Act, 1961, seeks to modernise and...