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Budget 2023: Capital Gains Tax Should be Rationalised; Need Simpler ITR Form for Disclosing Such Income, Say Experts

The Finance Ministry is already working on a user-friendly common income tax return form for all taxpayers and an announcement to this effect is expected in the 2023-24 Budget to be unveiled on February 1. ....

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Income tax returns (ITRs) - Buoyant tax collections cushion Government on fiscal front, Income Tax Return reforms likely next year

Going forward, the government may also look at stricter tax deduction norms for e-commerce and online service providers, besides online gaming ....

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