The government-formed committee is seeking public suggestions to simplify the 63-year-old Income Tax Act by focusing on language clarity, reducing litigation, easing compliance, and identifying obsolete provisions. Feedback will help shape the committee’s recommendations, possibly influencing the upcoming budget.
Related Posts
Paper & paperboard imports rise by 3.5% in April-September FY25
India’s paper and paperboard imports have risen by 3.5% in the first half of the current fiscal year, driven by a surge in shipments from […]
Annapurna Interactive’s entire staff resigns, leaving developers scrambling: Report
Annapurna Interactive’s entire team resigned after failing to reach an agreement on spinning off as an independent entity. Despite this, the company assures support for […]