New I-T Invoice: Sidestepping Parliament or simplifying taxpayers’ lives?
PTI cites AMRG & Associates senior accomplice Rajat Mohan as saying, “A key departure from the Revenue-Tax Act, 1961, is that beforehand, the earnings tax division needed to strategy Parliament for numerous procedural issues, tax schemes and compliance frameworks. Now, CBDT has been empowered to introduce such schemes independently, considerably decreasing bureaucratic delays and making…
&w=600&resize=600,400&ssl=1 "Expectations soar forward of Union Finances – Firstpost")