Tax Expert Ved Jain Decodes The New Income-Tax Bill, 2025

The New Income-Tax Bill, 2025, introduced by FM Nirmala Sitharaman, aims to consolidate tax laws, but does it bring real reforms? Tax expert Ved Jain analyzes its impact on compliance, tax administration, and litigation. He highlights concerns over the lack of significant changes in assessment procedures and the potential rise in disputes despite the government's cautious approach. Drawing parallels with GST and past tax reforms, he explains why taxpayers and authorities expected more. Will this bill simplify taxation or lead to more legal challenges? Watch Ved Jain’s insights on the evolving tax landscape.