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Lok Sabha: Select Committee formed to examine Income Tax Bill

Lok Sabha speaker Om Birla formed a 31-member Select Committee of the lower house to examine the Income Tax Bill.

Lok Sabha speaker Om Birla formed a 31-member Select Committee of the lower house to examine the Income Tax Bill.
(ANI)
Published on Feb 15, 2025 12:28 AM IST
PTI |

I-T bill to simplify tax framework: FM in LS

Union finance minister Nirmala Sitharaman on Thursday introduced the Income-Tax Bill, 2025 in the Lok Sabha aiming to abridge the bulky direct tax act and make it simple

Union finance minister Nirmala Sitharaman requested the speaker to determine the terms of reference for the committee and proposed that the panel should present its report by the first day of the next session (Sansad TV)
Published on Feb 14, 2025 06:22 AM IST
ByRajeev Jayaswal, New Delhi

Govt answers all FAQs on new Income Tax Bill: ‘60,000 man-hours spent on it’

The government has shared a list of frequently asked questions that taxpayers may pose after reading the Income Tax Bill 2025. Read on to know what they are.

Read on to know what FAQs the government has answered about the new Income Tax Bill 2025
Published on Feb 13, 2025 09:04 PM IST
ByAshley Paul

What is the need for Income Tax Bill 2025? ‘To review…’ says Centre

The Centre has shared a list of reasons why the new Income Tax Bill has been tabled in the Parliament.

Nirmala Sitharaman has tabled the Income Tax Bill 2025 in Lok Sabha on February 13. (ANI)
Updated on Feb 13, 2025 04:06 PM IST
ByAshley Paul

Congress MP Manish Tewari says new Income Tax Bill is more complicated

Congress MP Manish Tewari criticized the new Income Tax Bill, claiming it is more complex than the previous one with over 500 sections compared to 296

Manish Tewari, a Congress MP, blasted the new Income Tax Bill on Thursday, saying that it is more complicated than the current one, despite what Union Finance Minister Nirmala Sitharaman said.(ANI)
Updated on Feb 13, 2025 03:33 PM IST
ANI |
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