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<h1>Income Tax Bill 2025: Clause 221 Details Taxation of Securitisation Trusts, Ensures Income Retains Its Nature for Tax Purposes.</h1> Clause 221 of the Income Tax Bill, 2025, outlines tax provisions for income derived from securitisation trusts. Investors in these trusts are taxed as if they had directly received the income from their investments. Income credited or paid by the trust retains its nature and proportion for tax purposes. If income is not paid within the tax year, it is deemed credited to the investor's account by year-end. The trust and responsible parties must report income details to investors and tax authorities. Income included in an investor's total income for a tax year is not taxed again when actually received. Definitions for terms like 'investor,' 'securities,' and 'securitisation trust' are provided.