The Central government withdrew the Income-Tax Bill, 2025, on August 8, 2025, which was initially introduced to replace the Income-Tax Act, 1961. A revised version, incorporating recommendations from the Select Committee led by Shri Baijayant Panda, is scheduled for introduction on August 11, 2025. Read more about new tax bill 2025.
from Tax-Wealth-Economic Times https://ift.tt/P2FVekd
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