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Bureaucracy

Task Force to review IT Act

Government has constituted a Task Force  to review the Income-tax Act, 1961 and draft a new Direct Tax Law in consonance with economic needs of the country.   A separate task force was constituted in July 2017 to effectively tackle the malpractices by shell companies.

By Whispers in the Corridors 1 min read

Government has constituted a Task Force  to review the Income-tax Act, 1961 and draft a new Direct Tax Law in consonance with economic needs of the country.   A separate task force was constituted in July 2017 to effectively tackle the malpractices by shell companies.

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