Public Outreach Program on The Income Tax Bill 2025
The ICAI Udupi Branch successfully conducted a Public Outreach Program focused on the Income Tax Bill 2025, a landmark legislation aiming to simplify and modernize India’s direct taxation framework. The program was part of the nationwide initiative by the Direct Taxes Committee of ICAI to foster greater awareness and dialogue on new tax reforms.
The session began with a warm welcome and introduction by the Branch Chairman, followed by an address from Chief Guest Mr. Robert Castelino, Assistant Commissioner of Income Tax, who spoke about the government’s objectives behind the new bill and the emphasis on a fair, efficient, and digital-friendly tax ecosystem.
Highlights of the Session
- Attended by 100+ Chartered Accountants, tax professionals, and students
- Media coverage by local press and professional networks
- Distribution of ICAI’s official booklet on the Income Tax Bill 2025
- Networking session post-event for attendees to connect with experts
Expert Session:
The keynote speaker, CA. Prashanth G S, presented a comprehensive breakdown of the Income Tax Bill 2025, covering:
Key differences from the existing Act
Revised tax slabs and compliance provisions
Benefits for individual taxpayers and small businesses
Introduction of digital assessment tools and taxpayer rights
Impact on Non-Profit Organizations and Trusts
The session was interactive and highly engaging, with a vibrant Q&A segment where professionals and students asked insightful questions regarding practical implications of the bill.
