CA Mohit Patidar : Life Long Learners
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.

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