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New income-tax bill is small in size and simple

The Income-Tax Bill (ITB) 2025 has 536 sections spread over 23 chapters and 16 schedules in 622 pages. In contrast, the Income Tax Act (ITA) 1961 has 819 sections and 11 schedules spread over 823 pages. The following is a quick overview of the ITA and ITB in terms of size:

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