CBDT sets monetary limit to waive interest
- Posted on November 5, 2024
- By Business News Today
- 2 Views
CBDT sets monetary limit to waive interest
The Central Board of Direct Taxes (CBDT) has introduced monetary limits for waiving or reducing interest on tax payments. This move aims to streamline the process and provide relief to taxpayers facing genuine hardships, while also including safeguards to minimize misuse.
