NITI Aayog
NITI Aayog Releases Tax Policy Working Paper on Decriminalisation and Trust-Based Governance
NITI Aayog has launched the second working paper in its Tax Policy Working Paper Series, focusing on decriminalising tax compliance and fostering trust-based governance. The paper evaluates the criminal provisions of the Income-tax Act, 2025, proposing a framework to rationalise punishments and reduce mandatory imprisonment for minor infractions. The reforms