
CA Mohit Patidar : Life Long Learners
February 16, 2025 at 06:08 AM
Comparison of Income-tax Act, 1961 vs. Income-tax Bill, 2025
📌 Words:
1961 Act - 5,12,535
2025 Bill - 2,59,676
🔻 Reduction: 2,52,859 words
📌 Chapters:
1961 Act - 47
2025 Bill - 23
🔻 Reduction: 24 chapters
📌 Sections:
1961 Act - 819
2025 Bill - 536
🔻 Reduction: 283 sections
📌 Tables:
1961 Act - 18
2025 Bill - 57
🔺 Increase: 39 tables
📌 Formulae:
1961 Act - 6
2025 Bill - 46
🔺 Increase: 40 formulae
✅ The new Income-tax Bill, 2025 focuses on simplification without changing tax policies, rates, or principles.