Income Tax Review Committee Aims to Simplify IT Act Without Changing Tax Rates

Last updated: 12 December 2024 Follow on Google News

The Income-Tax Review Committee, tasked with overhauling Indias Income Tax Act of 1961, is focusing solely on simplifying the law to make it more concise and user-friendly. A senior government official confirmed that the committee will not propose any changes to tax rates. Streamlining the Income T

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CCI News Desk

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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