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 aim to enhance taxpayer empowerment, reduce litigation, and align India's tax regime with global best practices, ultimately supporting a high-trust economy.

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