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Lok Sabha passes two tax bills amid din without debate

Lok Sabha passes two tax bills amid din without debate

New Delhi: Amid continued Opposition protest, the Lok Sabha Monday passed two important legislations pertaining to taxation — Income-Tax (No 2) Bill and Taxation Laws (Amendment) Bill. The Income-Tax (No.2) Bill, 2025, seeks to consolidate and amend the law relating to Income Tax Act 1961. The Bill will replace the Income Tax Act, 1961. The [...]

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