<h1>Income Tax Bill 2025: Simplifies Tax Framework, Reduces Sections and Word Count, Eases Compliance for Taxpayers.</h1> The Income Tax Bill 2025, introduced in the Lok Sabha, aims to provide tax certainty and reduce litigation by simplifying the existing tax framework. It significantly reduces the word count from 5.12 lakh to 2.6 lakh and the number of sections from 819 to 536. The Bill consolidates provisions, uses straightforward language, and organizes information in tables to minimize cross-references. It eliminates complex concepts like 'previous year' and 'assessment year,' making compliance easier for taxpayers. The Bill also consolidates provisions for non-profit organizations and incorporates numerous stakeholder suggestions, drawing inspiration from international tax law reforms.