https://www.taxtmi.com/news?id=33847 An omnibus Income Tax Bill is proposed to consolidate and amend income tax law by replacing terms like assessment and previous year with tax year, and by removing provisos and explanatory clauses to simplify statutory language and improve clarity in application. en-us Wed, 12 Feb 2025 22:16:02 +0530 Wed, 12 Feb 2025 22:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=33847 An omnibus Income Tax Bill is proposed to consolidate and amend income tax law by replacing terms like assessment and previous year with tax year, and by removing provisos and explanatory clauses to simplify statutory language and improve clarity in application. News - Wed, 12 Feb 2025 22:16:02 +0530 https://www.taxtmi.com/news?id=33847