New Delhi, July 20 -- India's Income Tax Act is getting its biggest rewrite in over six decades. The Select Committee of Parliament has unanimously adopted the draft Income Tax Bill, 2025, which proposes 285 amendments to the original draft tabled in the Lok Sabha on 13 February.
The government has accepted most of the committee's recommendations, paving the way for its likely passage in the ongoing monsoon session.
At first glance, the new Bill appears to simplify India's notoriously dense tax code. It's shorter, cleaner, and more intuitively laid out. But scratch the surface, and questions emerge: does a change in language truly make for a simpler law?
A clean slate
While the new Income Tax Bill boasts a significantly reduced word c...
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