As per the recent tweet by ET Now, stated that the government is considering a revamp of Income Tax law to streamline capital gains and income tax rules:
- Govt weighs Income Tax law revamp with focus on capital gains
- Govt may seek to streamline capital gains, income tax rules
- Govt may implement proposals on I-T law changes in 2024
Source from: https://twitter.com/ETNOWlive/status/1648249970942943232?t=QZ0UtoPs3JhJgceOGRp6HA&s=19