March 6, 2025
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1:15Now PlayingThe Lok Sabha Select Committee, chaired by Baijayant Panda, is set to review the new Income Tax Bill 2025 on March 6-7. Introduced in February, the Bill aims to simplify the existing income tax law by removing redundant provisions and clarifying language, without major policy changes or tax rate adjustments. The government emphasizes a push for transparency and efficiency, aligning with its "minimum government, maximum governance" principle.
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