ReferIndia News India’s New Income Tax Act: A Simpler Future Ahead

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India’s New Income Tax Act: A Simpler Future Ahead

Published on: March 20, 2026, 7:08 p.m. | Source: Devdiscourse

Finance Minister Nirmala Sitharaman aims for a user-friendly tax system with the new Income Tax Act, 2025. Adopting technology to spot evaders and simplifying the law's language, the Act introduces fewer sections while promoting awareness. The initiative highlights transparency and reducing litigation.

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