Question
How many total sections are included in the new Income
Tax (No. 2) Bill, 2025?Solution
The Income Tax (No. 2) Bill, 2025, which replaces the Income Tax Act, 1961, contains 536 sections and 16 schedules. This comprehensive restructuring incorporates nearly all of the 285 recommendations made by the Select Committee and aims to simplify, modernize, and clarify India’s direct tax regime.
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Ratio between two numbers is 5:8 and their difference is 39. Find the sum of the given two numbers.
If the mean proportion between 98 and 8 is denoted by 'k', then determine the ratio of (k + 4) to (k - 8).