Key Minister Narendra Modi has introduced a new platform, ‘Transparent Taxation Honouring the Honest’, aimed to have forward the journey of immediate tax reforms. The emphasis of the tax reforms has been on reduction in tax charges and on simplification of immediate tax regulations. Numerous initiatives have been taken by the Central Board of Direct Taxes (CBDT) to provide effectiveness and transparency in the working of the Money Tax (IT) office, according to officials.
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