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Top headlines: Direct tax compliance may ease, RBI open to digital currency

Business Standard brings you the top headlines of the day

Crony capitalism has built up slowly in India, emerging as a Frankenstein’s monster a decade and a half after politicians began to unchain the private sector in the early 1990s
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Reserve Bank of India

BS Web Team
Direct tax compliance set to be made easier in upcoming Budget

Union Finance Minister Nirmala Sitharaman may announce further direct tax administration reforms in the upcoming Budget to make it easier for individuals and businesses to comply with tax laws, government sources said. The current practice of different interpretations of tax laws by tax officers are leading to tax disputes and often result in revenue loss for the exchequer. Read more

Govt missing the perfect opportunity for PSU privatisation: Experts

The government is missing the opportunity offered by the bullish markets to push share sales in public