New Delhi [India]: The Income Tax Bill 2025, introduced in Parliament and currently under examination by the Select Committee, remains open for stakeholder suggestions regarding its provisions.
Stakeholders are encouraged to continue submitting their recommendations, which will be compiled and forwarded to the Select Committee for further review.
To facilitate this process, a dedicated utility has been launched on the e-filing portal, accessible via the following link: Income Tax Portal.
The portal has been live since March 8, 2025, and is available to all stakeholders. Users can submit their suggestions by providing their name and mobile number, followed by an OTP-based validation process.
All suggestions must clearly specify the relevant provision of the Income-tax Rules, 1962 — including specific sections, sub-sections, clauses, rules, sub-rules, or form numbers — to which the recommendation pertains.
This effort aligns with the government’s comprehensive review of the Income-tax Act, 1961, aiming to simplify related rules and forms. The objective is to enhance clarity, reduce compliance burdens, and eliminate obsolete regulations, ultimately making tax processes more accessible for taxpayers and stakeholders.
Key goals of this initiative include:
- Simplifying tax compliance
- Improving taxpayer comprehension and ease of filing
- Reducing administrative burdens and errors
- Enhancing transparency and efficiency
As part of this consultative process, the committee reviewing the Rules and Forms invites input across four key categories:
- Simplification of Language
- Reduction of Litigation
- Reduction of Compliance Burden
- Identification of Redundant/Obsolete Rules and Forms
The Income Tax Bill 2025, tabled in the Lok Sabha by Union Finance Minister Nirmala Sitharaman on February 13, aims to replace the existing Income Tax Act, 1961. The bill proposes changes that affect various taxpayer categories, including individuals, businesses, and non-profit organizations.
This move follows the July 2024 Budget, where the government announced its intention to comprehensively review the Income-tax Act of 1961 to make it more concise, clearer, and reduce legal disputes and litigation.