<p>The new Income Tax Bill, 2025 has been tabled in the Lok Sabha today. Finance Minister <a href="https://www.deccanherald.com/tags/nirmala-sitharaman">Nirmala Sitharaman</a> proposed an overhaul of the Indian personal tax laws while presenting the <a href="https://www.deccanherald.com/union-budget-2025?utm_source=UB2025-L1menu&utm_medium=UB2025-L1menu&utm_campaign=UB2025-L1menu">Union Budget 2025</a>, which will also include changes to capital gains tax on earnings through mutual funds. Here is how this will work:</p>
<p>The new Income Tax Bill, 2025 has been tabled in the Lok Sabha today. Finance Minister <a href="https://www.deccanherald.com/tags/nirmala-sitharaman">Nirmala Sitharaman</a> proposed an overhaul of the Indian personal tax laws while presenting the <a href="https://www.deccanherald.com/union-budget-2025?utm_source=UB2025-L1menu&utm_medium=UB2025-L1menu&utm_campaign=UB2025-L1menu">Union Budget 2025</a>, which will also include changes to capital gains tax on earnings through mutual funds. Here is how this will work:</p>