youtor.org
𝐍𝐞𝐰 𝐃𝐢𝐫𝐞𝐜𝐭 𝐓𝐚𝐱 𝐂𝐨𝐝𝐞
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=27S3LT0Kxl8
𝐍𝐞𝐰 𝐃𝐢𝐫𝐞𝐜𝐭 𝐓𝐚𝐱 𝐂𝐨𝐝𝐞: 𝐊𝐞𝐲 𝐑𝐞𝐟𝐨𝐫𝐦𝐬 𝐚𝐧𝐝 𝐌𝐲 𝐑𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 • As the government works on the New Direct Tax Code, taxpayers expect simplifications and reforms that address common challenges. Here's what could transform the tax landscape: • 1. 𝐒𝐢𝐦𝐩𝐥𝐢𝐟𝐢𝐞𝐝 𝐑𝐞𝐬𝐢𝐝𝐞𝐧𝐜𝐞 𝐑𝐮𝐥𝐞: Eliminate confusion with clear classification for residents and non-residents. • 2. 𝐔𝐧𝐢𝐟𝐢𝐞𝐝 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐘𝐞𝐚𝐫: Do away with the assessment year and previous year concepts for simpler compliance. • 3. 𝐔𝐧𝐢𝐟𝐢𝐞𝐝 𝐓𝐚𝐱 𝐑𝐚𝐭𝐞𝐬: Bring parity between domestic and foreign companies to enhance compliance. • 4. 𝐒𝐢𝐦𝐩𝐥𝐢𝐟𝐢𝐞𝐝 𝐓𝐚𝐱 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞: Reduce the 298 sections and countless subsections of the Income Tax Act for easier understanding. • 5. 𝐄𝐚𝐬𝐞 𝐨𝐟 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞: Streamline deadlines for tax filing, audits, and TDS to reduce penalties. • My Key Suggestions: • 1. 𝐓𝐚𝐱𝐢𝐧𝐠 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐈𝐧𝐜𝐨𝐦𝐞: Introduce taxation for high-income agricultural businesses, ensuring fairness while exempting small farmers. • 2. 𝐔𝐬𝐢𝐧𝐠 𝐆𝐒𝐓 𝐃𝐚𝐭𝐚 𝐀𝐧𝐚𝐥𝐲𝐭𝐢𝐜𝐬: Leverage GST data analytics to track discrepancies in income tax reporting, curbing evasion and improving efficiency. • The new Direct Tax Code offers a golden opportunity to simplify taxation and broaden the base. Let's ensure our suggestions lead to a system that is fair, transparent, and future-ready! • #𝐓𝐚𝐱𝐑𝐞𝐟𝐨𝐫𝐦 #𝐃𝐢𝐫𝐞𝐜𝐭𝐓𝐚𝐱𝐂𝐨𝐝𝐞2025 #𝐓𝐚𝐱𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞#𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥𝐈𝐧𝐜𝐨𝐦𝐞 𝐓𝐚𝐱 #𝐆𝐒𝐓𝐀𝐧𝐚𝐥𝐲𝐭𝐢𝐜𝐬 #𝐓𝐚𝐱𝐒𝐢𝐦𝐩𝐥𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 #𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐭𝐢𝐨𝐧 #𝐓𝐚𝐱𝐚𝐭𝐢𝐨𝐧𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 • #𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐓𝐚𝐱 𝐏𝐥𝐚𝐧𝐧𝐢𝐧𝐠 #𝐅𝐚𝐢𝐫𝐓𝐚𝐱𝐒𝐲𝐬𝐭𝐞𝐦
#############################
