Tuesday, July 27, 2021
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New Income -Tax Filing Made Simple

Ever since Modi took over as the Prime Minister, considerable efforts are taken by various ministry heads are trying to bring reforms and successfully implement it in a course of time. The government notified a simpler, one-page form for filing income-tax returns while making it mandatory to quote Aadhaar number and disclose Bank deposits of more than Rs. 2 lakh post demonetisation.  This is a right step in the right direction and even housewives can fill up the form very easily. It is a welcome change to the earlier cumber form for filling details. Filing of income-tax has become a simple exercise as the crisp IT form solved all the complications in one stroke.

Jayanthy Maniam

(The views expressed by the author in the article are his/her own.)

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