New Income Tax Bill introduced by Nirmala Sitharaman in Parliament, Opposition stages walkout

Finance Minister Nirmala Sitharaman has tabled the Income Tax Bill 2025 in the Lok Sabha. The new bill aims to simplify the terminology used in tax laws in India, thereby making it easier for taxpayers to pay taxes and file returns. As soon as Nirmala Sitharaman introduced the bill amid a ruckus in the Parliament, several Opposition MPs were seen staging a walkout. It is not clear how many MPs walked out of the session in total.

Speaking on objection raised by Opposition MP from Kerala's Kollam, NK Premachandran, on the new bill having more sections than the previous Income Tax Act from 1961, Sitharaman said, “He should understand where the law is today and where it is being reduced.”