Govt Withdraws Income Tax Bill 2025, Will Release New Draft On August 11
Friday, 8 August 2025 () The Income-Tax Bill, 2025, introduced in Lok Sabha on Feb. 13 to replace the Income-Tax Act, 1961, has been formally withdrawn.
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President Donald Trump lashed out at Democrats for unanimously opposing his proposed "Big Beautiful Bill," which includes major tax cuts—no tax on tips, Social Security, or overtime. At a fiery..
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