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of <h1>Section 15 of Income Tax Act 1961 vs Clause 15 of 2025 Bill: Clearer Salary Taxation, New Definitions, No Liability Change.</h1> The analysis compares Section 15 of the Income Tax Act, 1961, with Clause 15 of the Income Tax Bill, 2025, focusing on salary taxation. The proposed bill reorganizes the provisions into four subsections, enhancing clarity and systematic arrangement. Key changes include adopting 'tax year' instead of 'previous year,' refining the definition of 'employer,' and elevating provisions on advance salary and partner's remuneration to subsections. These changes improve understanding without altering tax liability or compliance. The new structure aligns with international best practices, enhancing clarity while retaining the substantive aspects of salary taxation.
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