New Income Tax Bill to Be Tabled in Parliament on August 11 – Rijiju Clarifies It’s Not a Fresh Draft but a Revised Version

The Union government will table the revised Income Tax Bill in the Lok Sabha on Monday, August 11, 2025. Parliamentary Affairs Minister Kiren Rijiju clarified on Saturday that the upcoming bill is not an entirely new piece of legislation but a revised version of the Income Tax Bill, 2025, incorporating all the amendments recommended by the Lok Sabha’s Select Committee and approved by the government.

The move follows the government’s withdrawal of the earlier version of the Income Tax Bill, 2025, from the Lok Sabha on Friday. This action had raised concerns among some observers who speculated that the government might be introducing a completely new bill. Rijiju dismissed such concerns as baseless, explaining that the new bill will be the same as the earlier one, except it will include the agreed-upon changes suggested by the Select Committee.

Background of the Income Tax Bill, 2025

The Income Tax Bill, 2025, is intended to replace the existing Income Tax Act, 1961. It was first introduced in the Lok Sabha on February 13, 2025, and subsequently referred to the Select Committee for detailed examination. The committee, chaired by BJP MP Baijayant Panda and comprising 31 members, submitted its report to the House on July 21, 2025.

In total, the committee made 285 recommendations on the bill, all of which have been accepted by the government. Rijiju noted that adopting such a large number of amendments individually in Parliament would have been time-consuming and cumbersome. Therefore, the government decided to withdraw the original bill and present an updated version containing all approved modifications in one go.

A Standard Parliamentary Practice

Rijiju emphasized that reintroducing a revised bill after incorporating major amendments is a standard parliamentary practice.

“When a Select Committee submits its report, and the number of government-accepted amendments is significant, it is customary to withdraw the earlier bill and present a new version with all those changes. This makes it easier for Parliament to deliberate on and pass the bill,” he explained.

This approach ensures that the legislative process is streamlined, avoiding the need to seek separate approvals for each individual amendment.

Key Points

• Date of Presentation: The revised Income Tax Bill will be presented in the Lok Sabha on August 11, 2025.

• Purpose: To replace the Income Tax Act, 1961.

• Committee Involvement: 285 recommendations by the Select Committee have been incorporated.

• Reason for Withdrawal: To simplify the legislative process by presenting a consolidated version instead of introducing multiple amendments separately.

The revised bill is expected to reflect the government’s stance on various recommendations aimed at modernizing India’s tax regime. With all committee-approved changes now part of the draft, the upcoming session of Parliament will play a crucial role in determining how the nation’s taxation framework evolves in the coming years.