Lok Sabha constituted a Select Committee to examine Income Tax Bill 2025:

Lok Sabha constituted a Select Committee to examine Income Tax Bill 2025 The New Income Tax Bill 2025 was tabled in Lok Sabha on 13th Feb 2025, which goes into effect on April 1, 2026. The Bill represents a significant revision of the existing tax system. The bill consists of 536 clauses, 16 schedules, and 23 chapters that introduce significant changes to streamline and modernise tax administration. After the presentation of the bill, it was said that, "Following the presentation in Lok Sabha, the bill will be forwarded to parliament’s standing finance committee for review." Now, Lok Sabha Speaker Shri Om Birla has constituted a Select Committee to examine the Income Tax Bill 2025. Shri Baijayant Jay Panda, who is a member of parliament in Lok Sabha, has been appointed as the Chairperson of the Select Committee. The Select Committee of Lok Sabha has constituted of total 30 members, in which Shri Baijayant Panda, Dr. Nishikant Dubey, Shri Jagadish Shettar, Shri Sudheer Gupta, Shri Anil Baluni and Smt.Supriya Sule etc., all these names are included.

List of Select Committee