Tax Relief: Finance Secretary Tuhin Kanta Pandey Addresses Tax Base Erosion Concerns
2025-02-03
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In a recent discussion, Finance Secretary Tuhin Kanta Pandey shed light on the new income tax slabs, offering relief to individuals earning up to ₹12 lakh. He assured that there are no concerns about tax base erosion and highlighted the government's efforts to simplify the tax code, promoting a more efficient and taxpayer-friendly system. With a focus on tax reform and economic growth, the new tax slabs aim to provide financial relief to individuals and boost the economy. Key terms: tax base erosion, income tax slabs, tax reform.
