IT dept asks officers to suggest changes in laws

NEW DELHI: In a bid to keep nation’s tax laws in conformity with changing times, the income tax (I-T) department has created a permanent mechanism for seeking inputs from its officers for changes required in the direct tax regulations. To begin with, the I-T department has asked officials to provide suggestions for legislative changes in the direct tax laws. Traditionally, changes in the laws pertaining to direct tax, which covers income tax for individuals and corporates, are done in the Budget presented by the finance minister.