Govt may simplify income tax filing rules in Budget 2025
By : Vidya
Update: 2025-01-08 13:10 GMT
The changes involve simplifying the language and rationalizing information by using formulas and tables, and no adjustments to tax rates and policy.
India’s government plans to simplify its income tax filing rules to make it less tedious for taxpayers to comply with the law and help cut down on disputes that have ballooned to more than $120 billion over the past decade.