STCG, LTCG structure change is more of rationalisation, simplification: Revenue Secretary Malhotra

At a time when the country is making advancements economically and witnessing overall development, taxation plays an  important role. A day after Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 in the Parliament, in an interview with Republic Business, Revenue Secretary Sanjay Malhotra says that tweaks in personal income tax and other measures undertaken in the Budget are aimed to make taxation simpler.