Lok Sabha approves updated I-T bill, to ease compliance burden
Lok Sabha approves updated I-T bill, to ease compliance burden
The Lok Sabha has approved the Income Tax Bill 2025, a significant reform designed to simplify the tax system for individuals and companies. This revised bill incorporates recommendations from a parliamentary select committee, addressing ambiguities and easing compliance burdens.
The Lok Sabha has approved the Income Tax Bill 2025, a significant reform designed to simplify the tax system for individuals and companies. This revised bill incorporates recommendations from a parliamentary select committee, addressing ambiguities and easing compliance burdens.