23-07-2024 04:38 PM | Source: BDO International
Budget Day Input Taxation Sector Jiger Saiya, Partner, MSKA & Associates - a member firm of BDO international

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

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.

 

Above views are of the author and not of the website kindly read disclaimer