IncomeTaxBill
India’s Income Tax Bill, 2025: From Withdrawal to Reintroduction
After extensive review by a Parliamentary Select Committee, the government has withdrawn the original Income Tax Bill, 2025, and plans to reintroduce a revised version on August 11. The committee, led by BJP MP Baijayant Panda, submitted a comprehensive report with 285 recommendations aimed at simplifying and modernizing India’s direct tax legislation. The original bill, … Read more