In a major relief for corporate India, the government is likely to push the new Income Tax Bill 2025 in the upcoming Monsoon Session of Parliament, starting from Monday with the restoration of Section 80M-a key provision that allows companies to claim deductions on inter-corporate dividends. The move, aimed at preventing double taxation, is among over 285 suggestions adopted unanimously by a parliamentary panel reviewing the draft bill. The draft Bill was introduced during the Budget Session and being reviewed by the select parliement committee, chaired by Member of Parliament Baijayant Panda.