Budget Day Input Taxation Sector Jiger Saiya, Partner, MSKA & Associates - a member firm of BDO international

Below the Budget Day Input Taxation Sector By Jiger Saiya, Partner, MSKA & Associates - a member firm of BDO international
As the Finance Ministry proposes to undertake a comprehensive review of the Income Tax Act, leveraging the Direct Taxes Code (DTC) presents a strategic opportunity. A critical evaluation of the DTC's provisions, along with stakeholder consultations, can pave the way for a modern and efficient direct tax regime, focusing on simplification of tax law, automating compliance, reducing litigation and enhancing the ease of doing business in India.
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