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Government Launches Innovative New Initiative To Streamline Tax Claims Process For Citizens | Paisa Live

The government has made a significant announcement for millions of taxpayers in the country. The Central Board of Direct Taxes (CBDT) has notified changes in income tax rules aimed at providing relief to taxpayers. These changes will make it easier for salaried employees to claim credit for Tax Collected at Source (TCS) or Tax Deducted at Source (TDS) that has already been collected or deducted. Additionally, parents will now be able to claim TCS credit on behalf of their minor children due to these modifications. This initiative is expected to simplify the tax filing process and enhance convenience for taxpayers. For complete details and insights on these changes, viewers are encouraged to watch the full video.

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