New Delhi, March 6 -- A meeting of the Select Committee of the Lok Sabha, under the chairmanship of Bharatiya Janata Party MP Baijayant Panda, to examine the Income-Tax Bill 2025 is underway at the Parliament House Annexe in New Delhi.

In today's meeting, the Committee has summoned the Institute of Chartered Accountants of India (ICAI) and Ernst & Young (E&Y). The committee will soon record the oral evidence of representatives of ICAI and EY.

On March 7, the 31-member select committee, headed by BJP MP Baijayant Panda, will listen to the views of industry bodies Federation of Indian Chambers of Commerce and Industry (FICCI) and Confederation of Indian Industry (CII) on the new bill.

Lok Sabha Speaker Om Birla constituted a 31-member Se...