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Sunday, 2 February 2025

Update: New rules floated on compounding of tax offences. Details here


Income tax: New rules floated on compounding of tax offences. Details here

New Income tax rules: These guidelines are in accordance with the 2024 Budget announcement by the Finance Minister, which emphasizes simplifying procedures and reducing compounding fees. This will benefit both individual taxpayers and businesses by making the process more efficient and cost-effective.

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