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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

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Core sector output slows to 2.3% in February; crude, gas and refinery drag weighs on momentum

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/IqLBfrM