Govt rolls out draft rules to simplify income tax filing

The income tax department has released draft rules aimed at simplifying tax filing and compliance for individuals and companies, effective April 1. These rules emphasize faceless assessments and reduced disputes, with simplified language and redesigned …

The income tax department has released draft rules aimed at simplifying tax filing and compliance for individuals and companies, effective April 1. These rules emphasize faceless assessments and reduced disputes, with simplified language and redesigned forms for easier taxpayer understanding. The draft is open for public feedback until February 22.

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