Tag: Easwar Panel Report
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Easwar Panel Report: How people-friendly can the tax laws be?
By Anusmita Mazumder, Department of Law, University of Calcutta. Just a few days ahead of the Union Budget 2016-17, a committee was asked to make necessary recommendations for simplifying the current Income Tax Laws, which accordingly has recommended a higher threshold for deduction of tax at source and cuts in rates, plus measures to reduce litigation. The…