https://www.taxtmi.com/news?id=33971 The Bill undertakes statutory consolidation and clarity reforms to the Income-tax Act by textual and structural simplification, consolidating amendments, removing obsolete and redundant provisions, and reorganising sections into tables and formulae for improved navigability, while expressly preserving existing tax policy and rates; the exercise was consultative and research-based and reports substantial reductions in textual volume alongside additions of tabular and formulaic aids. en-us Thu, 13 Feb 2025 18:46:43 +0530 Thu, 13 Feb 2025 19:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=33971 The Bill undertakes statutory consolidation and clarity reforms to the Income-tax Act by textual and structural simplification, consolidating amendments, removing obsolete and redundant provisions, and reorganising sections into tables and formulae for improved navigability, while expressly preserving existing tax policy and rates; the exercise was consultative and research-based and reports substantial reductions in textual volume alongside additions of tabular and formulaic aids. News - Thu, 13 Feb 2025 18:46:43 +0530 https://www.taxtmi.com/news?id=33971