The Central Board of Direct Taxes (CBDT), under Ministry of Finance has asked industry stakeholders for their feedback and suggestions on the income tax rules, and related forms on provisions of the Income Tax Bill 2025.
The Income Tax Bill 2025 was introduced in Parliament on February 13, 2025. Consequently, the Union Finance Minister, Nirmala Sitharaman referred it to a select committee for detailed consideration.
Seeking stakeholder inputs on the new IT-bill, CBDT has now launched a utility e-portal, where their suggestions on the provisions of the Bill will be compiled and forwarded to the Select Committee for its review.
Stakeholders can submit their inputs by entering their name and mobile number, followed by an OTP-based validation process. CBDT informed that the e-portal is live and accessible to all stakeholders from 08.03.2025.
The e-portal can be accessed through the following link: Click here
The finance body has asked stakeholders to clearly specify their suggestions detailing on the relevant provision of the Income-tax Rules, 1962 (including the specific section, sub-section, clause, rule, sub-rule, or form number) to which the recommendation pertains under the aforementioned four categories.
As part of a wider consultative process, the committee formed to review the Rules and Forms invites inputs and suggestions from stakeholders in the following four categories:
1. Simplification of Language
2. Reduction of Litigation
3. Reduction of Compliance Burden
4. Identification of Redundant/Obsolete Rules and Forms
“In alignment with t he comprehensive review of the Income-tax Act, 1961, an effort is underway to collect inputs and work on simplification of the associated Income Tax Rules and Forms. The objective of this initiative is to enhance clarity, reduce the compliance burden, and eliminate obsolete rules, making tax processes more accessible for taxpayers and other stakeholders,” CBDT said in a statement.
CBDT noted that streamlining the ‘Rules and Forms’ aims to simplify tax compliance, improve taxpayer comprehension and ease of filing, lower administrative burdens and errors, and enhance transparency and efficiency.
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