India’s Central Board of Direct Taxes (CBDT) published a release on 18 March 2025 inviting stakeholder feedback for the development of Income-tax Rules and associated forms in line with the provisions of the Income Tax Bill 2025.
The Income Tax Bill ,2025 has been introduced in Parliament and is currently under examination by the Select Committee for detailed consideration. Stakeholders are encouraged to continue submitting their suggestions on the provisions of the Bill, which will be compiled and forwarded to the Select Committee for its review. In alignment with the comprehensive review of the Income-tax Act, 1961, an effort is underway to collect inputs and work on simplification of the associated Income Tax Rules and Forms.
The objective of this initiative is to enhance clarity, reduce the compliance burden, and eliminate obsolete rules, making tax processes more accessible for taxpayers and other stakeholders. Additionally, streamlining the Rules and Forms aims to simplify tax compliance, improve taxpayer comprehension and ease of filing, lower administrative burdens and errors, and enhance transparency and efficiency.
As part of a wider consultative process, the committee formed to review the Rules and Forms invites inputs and suggestions from stakeholders in the following four categories:
- Simplification of Language
- Reduction of Litigation
- Reduction of Compliance Burden
- Identification of Redundant/Obsolete Rules and Forms
To facilitate this, a utility has been launched on the e-filing portal, which can be accessed through the following link. The link is live and accessible to all stakeholders from 8 March 2025 on the e-filing portal. Stakeholders can submit their inputs by entering their name and mobile number, followed by an OTP-based validation process.
Earlier, India’s Central Board of Direct Taxes (CBDT) released details about the Income Tax Bill 2025, which was presented to the parliament on 13 February 2025.
