Income Tax Bill 2025: Top FAQs Answered for Taxpayers

Shivani , Last updated: 13 February 2025  
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Q I.1 When was the current Income-tax Act passed? Ans: The current Income-tax Act was enacted in 1961 and came into existence with effect from 01.04.1962. It has been amended nearly 65 times with more than 4000 amendments, year on year through Finance Acts, based on the evolving requirements of mod

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Shivani
(Finance Professional)
Category Income Tax   Report

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