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India to simplify tax filing rules in budget

Mint New Delhi

|

January 09, 2025

The government plans to simplify 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.

- Bloomberg

A proposed revamp of the Income-tax Act of 1961 is being finalized and could be issued for public consultation around mid-January, according to people familiar with the matter, who asked not to be identified as the info

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