IT law revamp: Govt panel seeks public feedback

A government committee in New Delhi is reviewing the 63-year-old Income Tax Act, seeking public input in four key areas: simplification, reducing litigation, easing compliance, and eliminating obsolete provisions. This effort follows past attempts during the tenures of P Chidambaram and Narendra Modi, which were not fully implemented despite recommendations.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *