tax return
Budget 2019: High-end income group people need to pay 3 pc to 7 pc more annually
Budget 2019 proposes to make return filing compulsory for persons, who have deposited more than Rs 1 cr in a current account in a year.
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Moreover, in a country like India, with a multi-tax system, it is not simple to calculate taxes.
Govt to reduce time for revising tax return to 12 months
In order to expand tax net, the Centre plans to have a simple one-page form to be filed as Income Tax Return.
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