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New Income Tax Bill 2025: What It Means for You?

February 14, 2025 • Reading Time: 6 minutes

Hello,
Markets closed slightly lower as early gains were erased. While India's inflation cooled more than expected in January, a higher-than-anticipated U.S. inflation print dampened hopes for multiple Fed rate cuts in 2025, weighing on sentiment. Meanwhile, the finance minister has introduced the new Income Tax Bill 2025 in Parliament, here are 10 key highlights for taxpayers. ITC is in talks to acquire MTR Foods and Eastern Condiments in a $1.4 billion deal.

As of 13/02/25

  • Indian frontline indices ended lower for the seventh straight session on February 13, as mid-session selling erased early gains, dragging the Nifty 50 and Sensex into the red.

  • The selling pressure, however, was less intense over the past two sessions.

  • While India's inflation eased more than expected in January, a hotter-than-anticipated U.S. inflation print dampened hopes of multiple Fed rate cuts in 2025, weighing on sentiment.

  • Global trade tensions added to concerns, with fears that India could face reciprocal tariffs from the U.S. under President Trump.

  • Sectorally, Nifty Pharma led gains, rising 1.35% as 15 of its 20 stocks ended higher. Nifty Realty snapped its six-day losing streak with a 0.81% gain.

Nifty 50

(0.06%)

23,031.40

BSE Sensex

(0.04%)

76,138.97

Nifty Bank

(0.24%)

49,359.85

Nifty IT

(1.00%)

41,315.55

Nifty Vix

0.40%

14.96

10 yr Bond

1.85%

6.821

USD>INR

(0.30%)

86.635

Source: Moneycontrol

P N Gadgil Jewellers +10.00%

  • Shares hit a 10% upper circuit at ₹621, driven by strong Q3FY25 results in their first quarterly report since listing

Natco Pharma (20.00%)

  • Shares tumbled up to 18.5% after disappointing Q3 results. Net profit fell 38% YoY to ₹132.4 crore, while revenue declined over 37% to ₹474.8 crore.

  • New Income Tax Bill 2025 tabled in Parliament: 10 key highlights for taxpayers. (Mint)

  • NBFCs seek relaxed financing terms to navigate liquidity crunch. (ET)

  • BRICS trading could face 100% tariffs or more: Trump. (TOI)

  • Quality Power raises over ₹386 crore ($44Mn) through its anchor book ahead of IPO. (MC)

  • Hexaware Tech's IPO subscribed 15% on Day 2. (MC)

This week’s mainboard IPO schedule

  • Ajax Engineering

    • Offering Period: 10 February - 12 February, 2025

    • Listing Date: 17 February, 2025

    • Issue Price: 599-629

    • Lot Size: 23

  • Hexaware Technologies

    • Offering Period: 12 February - 14 February, 2025

    • Listing Date: 19 February, 2025

    • Issue Price: 674-708

    • Lot Size: 21

  • Quality Power Electrical Equipments

    • Offering Period: 14 February - 18 February, 2025

    • Listing Date: 21 February, 2025

    • Issue Price: 401-425

    • Lot Size: 26

M&A / Investments

  • ITC is in talks to acquire MTR Foods and Eastern Condiments in a ₹12,160 crore ($1.4Bn) deal. (BS)

  • Carlyle has completed its acquisition in Highway and Roop for ₹3,474 crore ($400Mn). (YS)

  • Paras Defence has invested ₹10 crore ($1.15Mn) in Logic Fruit Technologies. (APN)

Debt

  • Shapoorji Group eyes a ₹28,664 crore ($3.3Bn) private debt deal. (BS)

  • IFC invests ₹860 crore ($99Mn) in Cube InvIT's sustainability-linked bond. (BS)

VC

  • Nikhil Kamath has announced the second cohort of WTFund. (EN)

  • Inflection Point Ventures to launch the third cohort of its early-stage startup accelerator. (Inc42)

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