GOVERNMENT WITHDRAWS INCOME TAX BILL, 2025 FROM LOK SABHA, SET TO INTRODUCE REVISED INCOME TAX BILL
The Central Government has withdrawn the Income Tax Bill, 2025, originally introduced in February this year, with plans to reintroduce a revised version on August 11 based on the recommendations of the Baijayant Panda-led Select Committee. Key proposed changes include extended TDS refund timelines and continued tax exemptions for anonymous donations to charitable trusts.
Read More
