Income Tax Act 2025 cuts complexity by 40%, but transition may confuse taxpayers: KPMG’s Sunil Badala
The rollout of the Income Tax Act 2025 with the start of FY27 promises to make India’s tax framework significantly simpler, but the transition phase could create confusion and added compliance for taxpayers, according to Sunil Badala of KPMG in India. Speaking to CNBC-TV18, Badala said the new law does not alter the fundamentals of…
