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New Income Tax Rules Take Effect April 1: What Taxpayers Need To Know
Key changes include easier language, streamlined ITR forms, the introduction of a clear "Tax Year" concept, and reduced ambiguity in provisions.
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Faceless Assessment In PM Modi's Big New Push For Tax Reforms: 10 Points
Prime Minister Narendra Modi announced key tax reforms amid the coronavirus pandemic. The new platform "Transparent Taxation - Honouring the Honest" carries forward the journey of direct tax reforms in India, such as "faceless appeals" where taxpayers don't have to visit offices to rectify errors. Finance Minister Nirmala Sitharaman, who also atten...
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India Starting "Faceless Tax Assessment" To Avoid Harassment: PM Modi
India is rolling out a "faceless tax assessment" system to forestall any discretion or harassment in tax collection, Prime Minister Narendra Modi said on Sunday as he highlighted major reform initiatives launched by his government in the financial sectors in the last five years.
-
New Income Tax Rules Take Effect April 1: What Taxpayers Need To Know
Key changes include easier language, streamlined ITR forms, the introduction of a clear "Tax Year" concept, and reduced ambiguity in provisions.
-
Faceless Assessment In PM Modi's Big New Push For Tax Reforms: 10 Points
Prime Minister Narendra Modi announced key tax reforms amid the coronavirus pandemic. The new platform "Transparent Taxation - Honouring the Honest" carries forward the journey of direct tax reforms in India, such as "faceless appeals" where taxpayers don't have to visit offices to rectify errors. Finance Minister Nirmala Sitharaman, who also atten...
-
India Starting "Faceless Tax Assessment" To Avoid Harassment: PM Modi
India is rolling out a "faceless tax assessment" system to forestall any discretion or harassment in tax collection, Prime Minister Narendra Modi said on Sunday as he highlighted major reform initiatives launched by his government in the financial sectors in the last five years.
