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<h1>Income Tax Bill 2025: Clause 9 Updates for Digital Economy, Redefines Taxable Income, Aligns with OECD BEPS.</h1> The proposed changes in Clause 9 of the Income Tax Bill, 2025, aim to modernize India's taxation framework by addressing digital economy challenges and refining the criteria for income deemed to accrue or arise in India. Key changes include a reorganization of provisions into systematic sub-sections, expanded definitions of business connection, and specific rules for digital transactions such as online advertising and data monetization. The Bill aligns with OECD BEPS guidelines and integrates with existing domestic laws, impacting businesses, non-residents, and fund managers by introducing new compliance requirements and redefining taxable income.