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In this article, we are exploring the various dimensions of income tax law in India. Income Tax is governed by the Income Tax Act, 1961, which is amended and updated through Finance Act every year. In recent years, there have been  lots of simplification of process and ease of managing income tax of individuals. But the administration is still managed by same bureaucracy and the common people still suffer from same apathy and disdain in the hands of bureaucratic machinery.  Even though at the top political and governmental levels, there are genuine efforts to mitigate the hardships and mi

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Author Bio

The writer is an expert in the areas of compliance and government approvals in India. He writes very often on regulatory matters in areas of DPIIT, RBI, FDI, MCA, International taxation, GST, Valuation-SFA, NRI and other similar areas. View Full Profile

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