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Income Tax Bill, 2025 Withdrawn: Why the Government Pulled It Back and What the Parliamentary Panel Suggested

Introduction — A Bold Reform Hits the Brakes When the Union Government introduced the Income Tax Bill, 2025 earlier this year, it was pitched as the most significant overhaul of India’s direct tax laws in over six decades. The goal was simple in theory but massive in execution: replace the Income Tax Act, 1961, which […]