New Income-Tax Bill: Why has Centre withdrawn the bill from Lok...

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New Income-Tax Bill: Why has Centre withdrawn the bill from Lok Sabha?

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The Income-Tax Bill, 2025, initially introduced in February, has been withdrawn by the government to prevent confusion. A revised version, incorporating recommendations from the Select Committee led by BJP MP Baijayant Panda, is set to be presented in the Lok Sabha on August 11.

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