India, March 10 -- The introduction of the New Income Tax Bill, 2025, marks an unprecedented attempt to simplify one of the most complex pieces of legislation in Indian governance. The effort undertaken by the Centre to overhaul the tax system was nothing short of Herculean. It was a meticulous and exhaustive re-evaluation of decades of tax laws reflecting an unparalleled commitment to efficiency, transparency, and modernisation. This initiative should inspire similar bold reforms in other sectors of governance and regulation....