Tag: Income Tax Bill 2025

Income Tax Bill 2025: Key Highlights, Applicability & PDF

The long-awaited Income Tax Bill 2025 was finally presented in Parliament on February 13th. A dedicated committee has been formed to review the bill and submit its report by the first day of the Monsoon Session of Parliament. This article provides a detailed analysis of the Income Tax Bill 2025 details, including the proposed changes, their implications, and the objectives behind the new tax law. Website URL:…

ICMAI on Non-inclusion of ‘Cost Accountant’ in Income Tax Bill 2025

CMA Bibhuti Bhusan Nayak, President of the Institute of Cost Accountants of India (ICMAI), has publicly addressed the concerns of its members regarding the omission of “Cost Accountant” from the definition of “Accountant” in the newly introduced Income Tax Bill 2025. This exclusion has raised serious questions about the government’s commitment to providing a level playing field for all accounting professionals. Read more  Website URL:…