New Income Tax Bill Halves Word Count, Eases Compliance: Baijayant Jay Panda
Wednesday, 23 July 2025Newsdesk
Mr Panda said the new draft bill reduces the word count of the Income Tax Act by nearly 50 per cent, from around 5 lakh words to 2.5 lakh.
New Delhi 23 July 2025
As per news report of NDTV,BJP Member of Parliament and Chairman of the Finance Select Committee, Baijayant Jay Panda on Tuesday reflected upon the ongoing simplification of India's tax laws, stated that the newly proposed Income Tax Bill aims to make compliance easier for taxpayers without altering tax policies or rates.
Source - NDTV
If you like the story and if you wish more such stories, support our effort Make a donation.
Trending News
English Now A Foreign Language In Schools? Here's What CBSE's 3-L...
4/3/2026
Fri Apr 03 2026 | By Newsdesk
Trump Imposes 100% Tariffs On Patented Drugs: Will It Impact Indi...
4/3/2026
Fri Apr 03 2026 | By Newsdesk
Malda Hostage Shocker "Mastermind" Arrested, He Points To SIR Pro...
4/3/2026
Fri Apr 03 2026 | By Newsdesk
"Talking About Samosas": AAP Hits Back At Raghav Chadha's "Silenc...
4/3/2026
Fri Apr 03 2026 | By Newsdesk
Behind Officers' Rescue In Bengal, SOS To Chief Justice And Group...
4/3/2026
Fri Apr 03 2026 | By Newsdesk