ICAI recommends Changes to Income Tax Bill 2025 Before Parliament’s Select Committee

ICAI suggests reducing the number of sections in the proposed bill by 90 to 100 from the existing 536 sections
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The Select Committee of Lok Sabha to Examine the Income-Tax Bill 2025 met on March 6, 2025, under the Chairpersonship of Shri Baijayant Panda, MP, and took oral evidence from representatives of the Institute of Chartered Accountants of India (ICAI) and Ernst & Young (EY). During the meeting, ICAI President Charanjot Singh Nanda emphasized the…

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