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<h1>Financial Oversight Expanded: Tax Officials Gain Broader Powers to Request Comprehensive Financial Records Under Clause 252</h1> Tax authorities are granted expanded powers to request financial information from various entities under Clause 252 of the Income Tax Bill, 2025. The provision allows officials to call for detailed records from individuals, firms, financial intermediaries, and other parties, enabling comprehensive tax investigations. Key changes include increased reporting thresholds, modernized language, and procedural safeguards to prevent potential misuse of investigative powers while facilitating effective tax compliance and information gathering.