Followers

Monday, October 7, 2024

Govt seeks public comments for income tax law revamp

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.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/sDSi9kj

No comments:

Post a Comment

Sri Lanka central bank fines Indian Bank

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...