Friday, August 8, 2025

Did these errors in New Income Tax Bill, 2025 force withdrawal of the Bill today? Updated version to be introduced on Monday August 11, 2025

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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