ICAI Submits Suggestions on Comprehensive Review of the IT Act 1961 and Pre-Budget Memorandum 2025

Last updated: 04 January 2025 Follow on Google News

For a comprehensive review of the Income-tax Act, 1961, as proposed by the Hon'ble Finance Minister Smt. Nirmala Sitharaman in her Budget speech 2024-25 to simplify the language of the Act and reduce disputes and litigation, a CBDT-level committee was formed. A stakeholder consultation, chaired by t

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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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