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flag India aims to simplify its tax filing rules, unchanged since 1961, to ease compliance and reduce disputes.

flag India plans to simplify its income tax filing rules, unchanged since 1961, to ease compliance and reduce disputes that have grown to over $120 billion. flag The revised Income-tax Act, expected for public consultation in mid-January and release in early February's budget, will simplify language and use formulas and tables, without changing tax rates or policies. flag The goal is to modernize tax laws and boost compliance.

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