Nirmala Sitharaman introduces a new income tax bill in parliament, and the opposition walks out.

On February 13, the opposition MPs staged a walkout in response to the introduction of the new Income Tax Bill 2025 in the Lok Sabha.The Income Tax Bill 2025 has been introduced in the Lok Sabha by Finance Minister Nirmala Sitharaman. The new measure intends to make it simpler for people to pay taxes and submit returns by streamlining the terminology used in Indian tax rules.A number of opposition MPs were observed staging a walkout as soon as Nirmala Sitharaman tabled the bill during a commotion in the Parliament.

The total number of MPs who left the session is unknown."He should understand where the law is today and where it is being reduced," Sitharaman said in response to opposition MP NK Premachandran of Kerala's Kollam objecting to the new bill's more provisions than the 1961 Income Tax Act.First passed in 1961, the Income Tax Act went into force in 1962. They only had 298 parts at the time.However, a lot more portions were added throughout time. There are 819 parts as of right now, Sitharaman stated. We're cutting it down to 536 from that 819. Therefore, he ought to examine what it is today," she continued.Since the 1961 act went into effect, she said, 4,000 revisions have been made, and these are "being looked at now."