Key Aspects Of Taxes You Should Know For The Next Financial Year

In India, there are more than 60 million personal income-tax return filers and the total personal tax collection for the financial year 2021-22 is budgeted at $74 billion. 

 

The entire process of ITR filing, processing by the tax authorities, reasons for selection of cases for assessment and issuance of refunds has undergone a massive change.

 

Read more in this Forbes Advisor India column by Dr. Suresh Surana, Founder, RSM India

 

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