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Income Tax Bill 2025 Withdrawn, New Version to Be Presented Soon

Income Tax Bill 2025 Withdrawn, New Version to Be Presented Soon

Income Tax Bill 2025 Withdrawn: The government of India has formally withdrawn the Income Tax Bill, 2025, which was first introduced in the Lok Sabha on February 13, 2025. This Bill was meant to replace the six-decade-old Income Tax Act of 1961. The move to withdraw the Bill came after concerns about the confusion created […]

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