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The New Income Tax Act, 2025 has been framed with a clear objective, making tax laws easier to understand for ordinary citizens and reducing the complexity often associated with income tax compliance. According to the Chief Commissioner of Income Tax, the new legislation has been designed to be mor
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The main objective is to make tax laws easier for ordinary citizens to understand and to reduce the complexity associated with income tax compliance.
No, the new legislation does not drastically alter tax policies or introduce major changes in tax rates.
It uses simpler language, has a more organised structure, and restructures provisions in a clearer manner with more accessible terminology.
A simplified tax law is expected to strengthen voluntary compliance, reduce avoidable errors, minimise ambiguity, and improve clarity in compliance requirements for individuals, professionals, and businesses.
The government's purpose is to build a simpler, modern, and more transparent tax ecosystem, not to create additional burdens.
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