Income Tax Bill 2025 Set to Be Tabled in Parliament on August 11 The Income Tax Bill, 2025, a landmark legislative proposal aimed at modernizing and simplifying India’s tax laws, is scheduled to be tabled in Parliament on August 11. This follows its initial introduction by Finance Minister Nirmala Sitharaman on February 13, 2025. The … Read more
A significant overhaul of India’s tax system is underway with the proposed Income Tax Bill, 2025. The Select Committee tasked with reviewing the bill has submitted its report to the Lok Sabha, recommending 285 changes to simplify the legislation and make it more taxpayer-friendly. This report was presented to the Lok Sabha on Monday, July … Read more
Lok Sabha Select Committee Presents Report on New Income Tax Bill New Delhi, India – The Select Committee of the Lok Sabha today, Monday, July 21, 2025, submitted its much-anticipated report on the Income Tax Bill, 2025, to the House. BJP leader Baijayant Panda, who chairs the 31-member panel, handed over the report to the … Read more