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New Income-Tax Bill: Why has Centre withdrawn the bill from Lok Sabha?

IndiaTimes Friday, 8 August 2025 ()
The Income-Tax Bill, 2025, initially introduced in February, has been withdrawn by the government to prevent confusion. A revised version, incorporating recommendations from the Select Committee led by BJP MP Baijayant Panda, is set to be presented in the Lok Sabha on August 11.
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Govt Withdraws Income Tax Bill 2025, Will Release New Draft On August 11

 The Income-Tax Bill, 2025, introduced in Lok Sabha on Feb. 13 to replace the Income-Tax Act, 1961, has been formally withdrawn.
Zee News Also reported by •DNA