CBDT gears up for new Income Tax Bill implementation, plans workforce training

Ahead of the passage of the new Income Tax Bill, the Central Board of Direct Taxes (CBDT) has set in motion a detailed implementation program. According to the action plan for fiscal year 2025-26, the board aims to train at least half of its workforce by the end of March.

Following its introduction in the Budget Session, the new Income Tax Bill is currently being examined by the Select Committee of Parliament. It is expected that the Bill will be taken up for consideration during the Monsoon Session, with the new Income Tax Act likely to be passed soon thereafter. The government has stated that the new Bill aims to simplify language, eliminate redundancy, and streamline procedures and processes to enhance the taxpayer experience.

According to officials, the success of the new statute will require a thorough analysis and internalisation of its objectives by all employees of the Income Tax Department. “While the Directorate of Training will prepare a comprehensive roadmap for training the workforce in understanding various aspects of the new Income tax Bill, Pr CCsIT (Principal Commissioner of the Income Tax) of all regions will also need to play a pivotal role in this process,” an official said. Further, they will need to take a lead role in understanding and conveying the finer nuances and objectives of the new statute to the taxpayers as well as tax administrators under their control, he added.

Read more at: The Hindu businessline