No Direct Revenue Impact Expected from IT Bill, Clarifies MoS Finance

Last updated: 14 March 2025

The recently introduced Income-tax Bill, 2025, in the Lok Sabha is designed to streamline India's tax framework but is not expected to have an immediate impact on revenue collection, according to Minister of State for Finance Pankaj Chaudhary. In a written reply on Tuesday, Chaudhary stated that whi

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