Finance

Income-tax Amendment Bill Introduced

Jul 19, 2026 · By Ministry of Finance

The government has introduced the Income-tax Amendment Bill to further simplify tax administration.

Government proposes further tax reforms

Dated: July 20, 2026

The government introduced the Income-tax Amendment Bill during the Monsoon Session to modernize tax administration and simplify compliance procedures for taxpayers and businesses.

Expected Impact

Simplified compliance.
Improved digital processes.
Better taxpayer services.

Professionals should review the final provisions after enactment.

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Income-tax Amendment Bill Introduced

Government proposes further tax reforms

Expected Impact

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