Budget 2024: CBDT chairman says Income Tax Act review aims to make ‘thick and bulky’ law ‘simpler’ for taxpayers

Budget 2024: CBDT chairman says Income Tax Act review aims to make ‘thick and bulky’ law ‘simpler’ for taxpayers

Budget 2024: Central Board of Direct Taxes (CBDT) chairman Ravi Agrawal has said the comprehensive review of the Income Tax Act, 1961 is an attempt to make the “bulky” law “simpler” for taxpayers. Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget for fiscal year 2024-25 on July 23, announced that the government would … Read more