New Income-Tax Bill 2025: Why has Centre withdrawn the bill from Lok Sabha? Revised draft to reflect parliament panel suggestions
The Union government has formally withdrawn the Income-Tax Bill, 2025, which was introduced in the Lok Sabha on February 13 to replace the existing Income-Tax Act, 1961,.A fresh version of the Bill, incorporating most of the recommendations made by the Select Committee chaired by BJP MP Baijayant Panda, is scheduled to be tabled in the…

