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<h1>Income Tax Bill 2025: New 25% Tax Rate for Manufacturing Companies Established Post-March 2016, Under Specific Conditions</h1> The Income Tax Bill, 2025 introduces a new tax regime for certain manufacturing domestic companies, allowing them to opt for a 25% tax rate on total income. Eligible companies must be established after March 1, 2016, solely engaged in manufacturing, production, research, or distribution of their products. The income must be calculated without specific deductions or loss carry-forwards. Once the option is exercised by the specified deadline, it applies to future tax years and cannot be revoked, except under specific provisions. This regime excludes sections 200 and 201 and requires compliance with other specified conditions.