New Income Tax Bill allows access to digital records, breaching privacy

In the 2025 Union budget, finance minister Nirmala Sitharaman introduced a new Income Tax Bill, a revamp of the old one – Income-tax Act, 1961.

Although Sitharaman assured that the new Bill will “simplify” things for taxpayers, experts point out things will get complicated and intrusive from here



on.

Sitharaman, while presenting the 2025 Union budget in the Lok Sabha had stated, “The revised Income Tax Bill is expected to be clear, concise, consistent and supplemented with illustrative examples to aid understanding and interpretation by various stakeholders, which will also eliminate obsolete and redundant provisions, according to industry experts.”