Income Tax Bill 2025: Public Consultation Opens for Drafting New Rules & Forms



Quick Summary
The Income Tax Bill, 2025, is currently being reviewed by a Parliamentary Select Committee. As part of a broader effort to update the Income-tax Act, 1961, a public consultation has been launched to gather feedback on simplifying Income Tax Rules and Forms. The aim is to make tax processes clearer, reduce the burden on taxpayers, and eliminate outdated regulations.

The Income Tax Bill, 2025 has been introduced in Parliament and is currently under examination by the Select Committee for detailed consideration. Stakeholders are encouraged to continue submitting their suggestions on the provisions of the Bill, which will be compiled and forwarded to the Select Co
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FAQ :

The Income Tax Bill, 2025, is a new piece of legislation that has been introduced in Parliament and is currently undergoing detailed examination by a Select Committee.

The review aims to enhance clarity, reduce the compliance burden, eliminate obsolete rules, and generally simplify tax processes for taxpayers and stakeholders.

You can submit your suggestions via a utility launched on the e-filing portal at https://eportal.incometax.gov.in/iec/foservices/#/pre-login/ita-comprehensive-review. You will need to provide your name, mobile number, and complete an OTP validation.

Suggestions are invited in four categories: simplification of language, reduction of litigation, reduction of compliance burden, and identification of redundant or obsolete rules and forms.

The utility on the e-filing portal has been live and accessible to all stakeholders since 08.03.2025.

Your suggestion should clearly specify the relevant provision of the Income-tax Rules, 1962, including the specific section, sub-section, clause, rule, sub-rule, or form number, under one of the four specified categories.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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