Tag: Income Tax Bill 2025

Home » Income Tax Bill 2025
Parliament Adjourned Sine Die After Passing 15 Bills Amid Opposition Protests
Post

Parliament Adjourned Sine Die After Passing 15 Bills Amid Opposition Protests

The Monsoon Session of Parliament 2025 concluded on Thursday after being adjourned sine die a day ahead of schedule, following continuous protests by opposition parties demanding a debate on the Special Intensive Revision (SIR) of electoral rolls in Bihar. Despite repeated disruptions, both Houses managed to pass 15 key bills during the 21 sittings spread...

Income Tax Bill 2025 Withdrawn Within Six Months; Revised Version with Key Taxpayer Benefits to Be Introduced
Post

Income Tax Bill 2025 Withdrawn Within Six Months; Revised Version with Key Taxpayer Benefits to Be Introduced

The Income Tax Bill, 2025, which was introduced in the Lok Sabha on February 13 this year to replace the existing Income-Tax Act of 1961, has been officially withdrawn. In its place, a revised and updated version of the Bill will be presented in Parliament on August 11, incorporating over 285 key recommendations made by...