Income Tax Bill 2025 Took 60,000 Man-Hours to Draft, Says FM Nirmala Sitharaman

Last updated: 28 July 2025 Follow on Google News

The Income Tax Bill, 2025, intended to simplify tax laws and modernize India's six-decade-old income tax framework, took an estimated 60,000 man-hours to draft, Finance Minister Nirmala Sitharaman revealed during her address at the 166th Income Tax Day celebration. "Since 1961, the Act had not unde

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CCI News Desk

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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