Tax Law Makeover: India Prioritizes Simplicity in New Bill

Tax Law Makeover: India Prioritizes Simplicity in New Bill

A parliamentary committee reviewing India’s Income Tax Bill, 2025, is set to recommend clarifying the language in some clauses to remove ambiguity, rather than proposing any major overhauls. This suggests the focus is on simplification and clarity within the existing framework. The committee, led by BJP MP Baijayant Panda, is expected to submit its report … Read more