Government has constituted a task force to review the Income-tax Act, 1961 and to draft a new Direct Tax Law in consonance with the economic needs of the country. 

Finance Ministry, in a release said, in this endeavour of drafting the new tax law, it is imperative to engage with stakeholders and general public. 

The Ministry has sought suggestions and feedback from stakeholders and general public in the format provided on the departmental website . 

It said, the format can be downloaded from the website and suggestions may be sent through e-mail at rewriting-itact@gov.in, latest by 2nd of next month. #casansaar (Source - NewsonAir)