What are some key changes in revised Income Tax Bill 2025 that may benefit taxpayers?
Some of the key proposed changes in Income Tax Bill 2025, which aims to replace the decades-old act, which may benefit taxpayers include removal of a provision that denied refunds if ITR was filed after due date. They include exemption of anonymous donations to religious trusts too. Taxpayers may also be allowed to avail nil TDS certificates under certain conditions.