Finance Minister Nirmala Sitharaman announced that the new income tax bill, set to be presented in Parliament, will modernize the IT Act for the 21st century. The aim is to make the tax system simpler for taxpayers to navigate independently while widening the tax base.
We’re trying to make I-T Act relevant to 21st century: FM Sitharaman
Categories:
Related Post
10/14: CBS Mornings Plus10/14: CBS Mornings Plus
An update on recovery efforts from Hurricane Milton, how the FTC is taking action to ban fake reviews in online shopping with a new rule, and experts explain why millions
Gene Hackman, 95, and wife found dead in New Mexico home, sheriff’s office saysGene Hackman, 95, and wife found dead in New Mexico home, sheriff’s office says
Legendary actor Gene Hackman, 95, and wife Betsy Arakawa, 64 and their dog were found dead in their home outside Santa Fe, authorities say.
HCL Tech CEO: Time is up for Indian IT industry’s 30-year-old biz modelHCL Tech CEO: Time is up for Indian IT industry’s 30-year-old biz model
HCL Technologies’ CEO declared the traditional business model of India’s IT industry obsolete due to AI, advocating for a paranoid mindset to stay relevant. Infosys’ CEO stressed transitioning to output