Tag: income tax compliance
Posted in Economy
New Income Tax law aims to build transparent, tech-driven ecosystem for taxpayers: Official
The new Income Tax Act rolled out last month aims to reduce litigation, simplify compliance and build a transparent, technology-driven ecosystem for taxpayers, a senior…
Posted in Economy
Income Tax Dept tightens disclosure norms under presumptive taxation scheme
New Delhi: The Income-Tax Department is tightening disclosure norms for taxpayers using the presumptive taxation scheme, after detecting cases where reported income did not match…