India’s tax legal guidelines set for a revamp: What’s the new Earnings Tax Invoice? How will it have an effect on you?

India’s tax legal guidelines set for a revamp: What’s the new Earnings Tax Invoice? How will it have an effect on you?

Finance Minister Nirmala Sitharaman is about to introduce a brand new Earnings Tax Invoice in Parliament subsequent week, aiming to simplify the six-decade-old Earnings Tax Act of 1961. The proposed invoice, which shall be practically half the size of the present laws, seeks to boost tax certainty, cut back litigation, and make compliance simpler for…

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