FM Sitharaman asks I-T Department to separate genuine errors from wilful tax evasion

Finance Minister Nirmala Sitharaman called on the Income Tax Department to embrace a more taxpayer-friendly attitude. She highlighted the importance of differentiating between honest errors and deliberate tax fraud. Sitharaman encouraged officials to exercise their enforcement powers with a sense of humility and restraint, reminding them that their role now focuses on equity, especially with the upcoming Income Tax Act, 2025 aimed at simplifying regulations.

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