The Select Committee of Lok Sabha on the new Income Tax Bill – 2025 is holding a meeting at the Parliament House in New Delhi. The 31-member panel is headed by BJP MP Baijayant Panda. The Committee will submit its report on the first day of the Monsoon session of Parliament.
The Income-Tax Bill 2025 aims at consolidating and amending the law relating to income tax. It was introduced in the Lok Sabha during the first-half of Budget session of Parliament. Later the draft law was referred to the Select Committee of the House.
Source from: https://www.newsonair.gov.in/lok-sabha-select-committee-holds-meeting-on-income-tax-bill-2025/