Income Tax Dept confirms the 2025 Bill won't alter LTCG or any tax rates, quashing recent media speculation.

• The draft focuses on simplifying outdated legal provisions, not revising tax rates or altering taxpayer categories.
• Official statement on X clarified that the bill aims to modernise and streamline the current Income Tax Act of 1961.
• Any confusion regarding rates will be resolved when the bill is formally passed by the legislature.