Hello guys, today’s article is so crucial and crucial for you people. Today’s article topic is that the government has pulled out the new income tax bill 2025. Friends, a new income tax bill was to be enforced from April 1, 2026.
But prior to that, the government has sent a notification here and withdrew the new income tax bill 2025. The reason behind this has also been explained here that why it has been withdrawn. Let’s know what the government is saying here.
Therefore, the government tabled the income tax bill 2025 in Lok Sabha on 13 February 2025. On 13 February 2025, the government tabled the new income tax bill 2025. That is, it was permitted to refer the committee chosen for scrutiny .
That is, the new bill of income tax will be enacted and the previous income tax will be repealed. Now, the government has sent this new income tax bill to the selected committee for scrutiny. Now, the select committee had laid its report in the Lok Sabha on 21 July 2025.
Where the select committee sensed that there was a need for some alterations in this bill. So, the suggestions that the government has agreed to here. Now, we are going to include the suggestions provided by many other sources here.
So that the proper legislative meaning is achieved. That is, the proper bill has been brought here for the public. So for that, the government is withdrawing the new income tax bill.
And now what is the government doing here? It is correcting. That is, it will correct this bill here. There is a drafting problem in this.
There is an alignment problem. Therefore, some changes have to be made pertaining to the phases. Pertaining cross-referring.
So many changes are going to be updated here. So this decision was taken here by the government. That the income tax bill will be withdrawn here.
Because the suggestions provided by the select committee here. And the suggestions received from other directions. Now they will be prepared here.
A new bill of income tax will be taken back here. So the new bill will come here very soon in the Lok Sabha. And your previous act will be replaced.
NDTV also has a report here. The income tax bill was made on 2025. Which had to be replaced I guess on February 1, yes, Feb 1st. The old income tax act has been withdrawn temporarily.
So the circle version will arrive. Where the suggestions made by the select committee. It will be integrated here.
The suggestion provided by the select committee. That there are certain flaws in this bill. This needs to be rectified in this.
This needs to be rectified. So it is going to be modernized. So the government is going to introduce an improved updated draft format here.
And it is going to introduce very soon. Perhaps before August 11. It is going to introduce this new draft.
So the government has put back the new income tax bill for now. And is going to prepare a new income tax bill. So it is a major update.
With the new income tax bill. So friends with this. I will provide a new information.
If you want to get the income tax return filing from us. If you want to take the services. So you can text us.
You can call us on this number and avail services. ITR 1, ITR 2, ITR 3, ITR 4. It is being submitted online. If you want to submit.
You can call on this number and submit. You all are aware of the last date. 15th September 2025.
The government is continuously sending messages to all the taxpayers. If you haven’t filed your ITR. So a message is also being spread.
So those who have filed. They don’t need to be worried. But those who haven’t filed.
So the government is filing as early as possible. Don’t wait for the due date. That is, don’t wait till 15th.
So ITR 1, ITR 2, ITR 3, ITR 4. All four forms of ITR are being filed online. Offline and online both. If you wish to avail services from us.
You can ring on this number and contact us. So friends if you like today’s article. Then don’t forget to like, share and subscribe to the article.
Share this article as widely as possible. So that its knowledge spreads to more people. Here’s the end of today’s article.
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