Parliamentary Panel Pushes for Tax Bill Overhaul: Easier TDS Refunds, Fairer Trust Taxation
A Parliamentary Panel has proposed significant amendments to the anticipated Income Tax Bill, 2025, specifically addressing concerns around Tax Deducted at Source (TDS) refunds and the taxation framework for trusts. The report, presented to the Lok Sabha on Monday, July 21, 2025, by the Select Committee chaired by BJP MP Baijayant Panda, aims to refine … Read more