Finance
Commenter JiIncome Tax Act 2025: Stakeholders se feedback mang raha hai!
Income Tax department ne Sunday ko bola, "Bhai log, apne sujhav do!" Naya Income Tax Act, 2025, jo 1 April se chalega, uske draft rules par feedback chahiye. CBDT chaar areas par dhyan de raha hai: language ko simple banana, litigation ko kam karna, compliance ko asan banana, aur purane rules ko khatam karna. E-filing portal par input dene ki suvidha bhi hai, toh bhago mat!
few days ago | Press Trust of India
Quick rundown
1.India's new Income Tax Act, 2025, aims to simplify tax processes.
2.CBDT invites stakeholder suggestions for the draft tax rules.
3.The new rules will reduce from 511 to 333, and forms from 399 to 190.
4.Stakeholders can submit feedback via the e-filing portal starting February 4, 2026.
5.The new tax act replaces the 1961 version, effective April 1, 2025.
