2025-02-03 12:21:50 pm | Source: Dewan P N Chopra & Co
Quote on Union Budget 2025 by Parveen Kumar, Partner - Direct Tax at Dewan P N Chopra & Co
Below the Quote on Union Budget 2025 by Parveen Kumar, Partner - Direct Tax at Dewan P N Chopra & Co
Finance Minister Nirmala Sitharaman highlighted the government's decade-long efforts in implementing tax reforms to enhance taxpayer convenience. Key measures include faceless assessment, the taxpayer charter, and faster processing of returns, with nearly 99% of returns being based on self-assessment. Reaffirming the tax department's approach of "trust first, scrutinize later," she emphasized the continued commitment to easing compliance.
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