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New Income Tax Rules: A new income tax law has started in the country. In the Sad, the Income Tax Bill 2025 has been introduced, which is considering the Select Committee of Parliament. And as a taxpayers, you can also contribute to enacting new income tax law. The Central Board of Direct Tax (CBDT) has sought suggestions from stakeholders regarding income tax rules and its related forms. After compiling, it will be sent to the Select Committee for consideration.
The Central Board of Direct Tax has launched utility in the e-Filing portal to seek suggestions from stakeholders, in which Stecholders can submit their suggestions for the new income tax bill under the OTP based validation process. Stakeholders can click on this link given below.
https://eportal.incometax.gov.in/iec/foservices/#/pre-login/ita-comprehensive-review
From 8 March 2025, all stakeholders can access this link. Stakeholders can give their suggestions about the new income tax bill through OTP validation after writing their name and mobile.
The CBDT said in the statement, “Efforts are on to collect suggestions as per the comprehensive review of the Income Tax Act, 1961 and work on the simplification of the related Income Tax Rules and various forms (Forms).” The purpose of this initiative is to increase clarity, reduce compliance burden and eliminate obsolete rules so that the tax process can be more accessible for taxpayers and other stakeholders. In addition, the purpose of strengthening the rules and forms is to simplify compliance, improve the understanding of taxpayers and make the process of filing documents easier, reduce administrative burden and errors and increase transparency and efficiency.
The Committee constituted for reviewing rules and forms under the comprehensive counseling process invites suggestions from stakeholders in four categories, including simplification of language and reducing litigation and compliance burden.
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