New Delhi, Aug. 13 -- The Parliament has passed the Income-Tax Bill, 2025 and the Taxation Laws (Amendment) Bill, 2025 with Rajya Sabha returning both the legislations to the Lok Sabha after discussion. Replying to a debate on the two Bills in the Upper House this evening, Union Finance Minister Nirmala Sitharaman said, the new income tax legislation has been made taxpayer friendly. She said, it has been made concise, lucid, easy to read and easy to understand. The Minister said, as promised in the July 2024 budget, the rules and provisions related to taxes are being simplified. She said, from 2019 onwards, Prime Minister Narendra Modi has given clear instructions that the Government will not increase the tax burden on people and not one ...