
Income Tax Bill 2025: No change in tax rates, focus on simplifying language. Here's what IT dept says
Published on: July 30, 2025, 4 a.m. | Source: Livemint
The Income Tax Department confirmed that the Income Tax Bill, 2025 does not change tax rates, including long-term capital gains, focusing instead on simplifying language and removing outdated provisions. The bill aims to enhance ease of doing business and reduce taxpayer litigation.