Tax dept invites public suggestions for I-T Act review
- Posted on October 7, 2024
- By Business News Today
- 2 Views
Tax dept invites public suggestions for I-T Act review
The Income Tax department has sought public opinions to simplify the six-decade-old Income-tax Act, focusing on clearer language, reducing disputes and compliance, and removing outdated provisions. Inputs are solicited in specific categories through a designated webpage, with the review expected to conclude by January 2025.