Revenue dept forms 22 sub-committees to review I-T act

  • Posted on November 4, 2024
  • By Business News Today
  • 1 Views
Revenue dept forms 22 sub-committees to review I-T act

The Indian government has formed 22 sub-committees to reassess the Income Tax Act, aiming to simplify it and make it more user-friendly. Finance Minister Nirmala Sitharaman reviewed the progress of this initiative, which has already received 6,500 public suggestions. The goal is to introduce a draft bill during the upcoming budget session.
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