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Apr 18, 2025
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New Income Tax Bill 2025: Parliamentary panel seeks suggestions from experts
A Parliamentary panel examining the Income Tax Bill, 2025, has invited suggestions from experts, industry bodies, and stakeholders as part of its review of the draft legislation aimed at simplifying India’s income tax laws.
The Select Committee of the Lok Sabha, chaired by senior BJP leader Baijayant Panda, is currently holding consultations on the Bill. The Lok Sabha Secretariat has requested interested parties to submit their views in both English and Hindi to the Director (CF&S CITB), Room No 133A, Parliament House Annexe, New Delhi-110001.
The panel has already engaged with leading industry associations and tax experts, including the Confederation of Indian Industry (CII), Federation of Indian Chambers of Commerce and Industry (FICCI), EY, and the Institute of Chartered Accountants of India (ICAI).
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