Budget 2026: Time to adopt income tax decriminalization suggested by NITI Aayog
Striking the right balance – leniency for genuine taxpayers and strong deterrence for willful evaders – will be the real test of the reforms. (AI image) In a significant move aimed at reshaping India’s tax enforcement landscape, NITI Aayog has proposed sweeping reforms to decriminalise a wide range of income tax-related offences and usher in…