Simplified Income Tax Law in Budget Session Likely
Financial Express Pune|January 10, 2025
Similar attempts in the past to simplify the I-T law, most notable being the Direct Taxes Code drafted in 2009 by the UPA govt

HOWEVER, REWRITING THE Act alone may not fully address the underlying challenges, said Rakesh Nangia, founder & managing partner, Nangia & Co.

"While this measure is indispensable, redrafting alone is insufficient and must be complemented by alternative reforms," Nangia said. Ultimately, it's not what you draft but how you draft it should be paramount while laying down the new law, he added.

Denne historien er fra January 10, 2025-utgaven av Financial Express Pune.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra January 10, 2025-utgaven av Financial Express Pune.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA FINANCIAL EXPRESS PUNESe alt
Financial Express Pune

Chants meet chatbots at this year's Maha Kumbh

TECH & TRADITION

time-read
3 mins  |
January 10, 2025
Financial Express Pune

Trump tariffs: Auto suppliers rethink production plans

Trump has vowed to impose a blanket tariff of 10% on global imports into the US and a 60% tariff on Chinese goods

time-read
1 min  |
January 10, 2025
Financial Express Pune

Premium online video market to double by 2028: Report

INDIA'S PREMIUM ONLINE video market, valued at $1.7 billion in 2023, is projected to nearly double by 2028, solidifying its position as one of the fastest-growing over-the-top (OTT) markets globally, according to the Asia Video Industry Report 2025.

time-read
1 min  |
January 10, 2025
Financial Express Pune

RBI governor seeks to improve forecasting

Two of the sources Reuters spoke to said the RBI would look to increase datasets required to gauge trends in income and expenditure better.

time-read
1 min  |
January 10, 2025
Financial Express Pune

Meta's fact-checking snub in US alarms India

As Meta announced the end of its third-party fact-check programme in the US, a move that is being seen as the company reorienting itself for the new Trump era, a palpable sense of panic has gripped fact-checkers in India.

time-read
1 min  |
January 10, 2025
Financial Express Pune

TCS profit rises 4% in Q3

AMONG VERTICALS, ENERGY, resources and utilities grew by 3.4%, and consumer business gained 1.1%. The key segment - banking, financial services and insurance (BFSI) - reported a modest sequential growth of 0.9%, compared to 0.1% in Q2.

time-read
2 mins  |
January 10, 2025
Financial Express Pune

Simplified Income Tax Law in Budget Session Likely

Similar attempts in the past to simplify the I-T law, most notable being the Direct Taxes Code drafted in 2009 by the UPA govt

time-read
1 min  |
January 10, 2025
Financial Express Pune

L&T chief for all work, no play; gets netizens all worked up

WHILE SOME ADVOCATE for increased productivity to drive economic growth, others argue that such demands are detrimental to mental health and quality of life.

time-read
1 min  |
January 10, 2025
Financial Express Pune

Taliban Urges India to Ease Visa Process

First High-Level Meet

time-read
1 min  |
January 10, 2025
Financial Express Pune

Hollywood Hills burn as big blaze engulfs LA

THE HOLLYWOOD HILLS blazed uncontrollably on Thursday morning as the worst wildfires in the history of Los Angeles raged across the city and deep into the storied heartland of the American film industry.

time-read
1 min  |
January 10, 2025