The move will help the government to identify cases where the remittance was sent but was not reported by the taxpayer in their filling, the official said. “The whole exercise will curb tax evasion and ensure that legitimate remittances are facilitated while preventing abuse of relaxations in foreign remittance reporting,” the official added.
New senior citizens policy in the works after 25 years
India is developing a new senior citizen policy and amending the Maintenance and Welfare of Parents and Senior Citizens Act 2007 to address the needs
November 15, 2024