NITI Aayog

NITI Aayog Releases Tax Policy Working Paper on Decriminalisation and Trust-Based Governance

Official Press

Official Press

Share

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.

Source: Original Link

Read more

APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link