Fair Tax Act 2025 Explained In Simple Terms

Fair Tax Act 2025 Explained In Simple Terms. Finance minister nirmala sitharaman introduced the. Fm sitharaman first presented the new tax regime in her budget speech on february 1, 2020.


Fair Tax Act 2025 Explained In Simple Terms

It replaces the income tax act of 1961 with a streamlined structure designed to: The direct tax code 2025 will make tax rules simpler, unify corporate tax rates, and reduce deductions.

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