Indian Tax Law Updates: New Compliance Measures, Filing Amendments, and Rate Revisions to Avoid Penalties.

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....Indian tax law updates include new compliance measures, amendments in filing procedures, and revisions in tax rates aimed at avoiding penalties. Recent notifications and circulars have been issued to guide taxpayers on these changes. These updates are part of ongoing efforts to streamline tax processes and ensure adherence to legal requirements. The focus is on enhancing compliance and minimizing the risk of penalties for non-compliance.....