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    Question

    How many total sections are included in the new Income

    Tax (No. 2) Bill, 2025?
    A 465 sections Correct Answer Incorrect Answer
    B 510 sections Correct Answer Incorrect Answer
    C 536 sections Correct Answer Incorrect Answer
    D 550 sections Correct Answer Incorrect Answer
    E 498 sections Correct Answer Incorrect Answer

    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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