Day 25
Reports & IndicesSkim2025-10-10
NITI Aayog Report on Tax Decriminalisation
What Happened
NITI Aayog released a working paper titled 'Towards India's Tax Transformation' on October 10, 2025. It recommends decriminalizing 12 minor procedural offenses under the Income-tax Act, 2025, to distinguish between unintentional lapses and deliberate fraud.
Why It Matters
This shift towards trust-based governance aims to improve the ease of doing business by replacing imprisonment for technical errors with civil penalties.
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