India's Finance Minister Nirmala Sitharaman withdrew the Income-Tax Amendment Bill, 2025, from the Lok Sabha on August 8. The original bill, introduced on February 13, 2025, aimed to replace the existing Income-Tax Act of 1961 and was referred to a Select Committee on the same day. Following the withdrawal, a revised version of the bill, incorporating most of the Select Committee's recommendations, was tabled in Parliament on August 11 as the Income-Tax (No. 2) Bill, 2025, alongside the Taxation Laws (Amendment) Bill, 2025. The revised bill introduced clearer property rules, new tax slabs, higher rebates, and improvements to refund claim processes. The Lok Sabha passed both bills on August 11 during the monsoon session. The passage of the bills drew criticism from opposition leaders, including Congress MP Karti Chidambaram and Samajwadi Party chief Akhilesh Yadav, who expressed concerns over the lack of discussion and opportunity for opposition input. BJP MP Shashank Mani defended the move, stating the previous bill had caused confusion and that the government aimed to clarify tax laws under Prime Minister Narendra Modi's leadership.