India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media accounts during searches, activities which are not covered in the current tax law.

India's newly proposed income tax bill could grant tax authorities broad powers to access taxpayers' digital records. This includes emails, trading accounts, and social media accounts during investigations,

BJP MP Tejasvi Surya praised the new Income Tax Bill, stating it will modernize and simplify India's Direct Taxation System, making compliance easier for taxpayers. The bill aims to reduce litigation and disputes,

India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of litigations.

Finance Minister Nirmala Sitharaman is scheduled to introduce the new Income Tax Bill in the Lok Sabha on Thursday as part of the tax reforms to streamline and simplify the provisions so that they are easier to understand and reduce the scope for legal disputes.