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New Income Tax Bill 2025: 10 Major Recommendations by Parliamentary Panel Ahead of August 11 Introduction
The Central Government is set to introduce the New Income Tax Bill 2025 in Parliament on August 11, following extensive consultations and revisions. A select parliamentary committee has submitted a ...
The “crisper and simplified” new Income Tax Bill 2025 has replaced the term ‘previous year’ from the 60-year-old Income Tax Act, 1961, with ‘tax year’ and done away with the concept of ‘assessment ...
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