In the budget presented for the upcoming financial year 2025-26, the government has given a relief of Rs 1 lakh crore in ...

Much jubilation about income tax cut, but millions will fall out of the income tax net,” Ranade wrote, pointing out a ...

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...

Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax ...

The taxability of such services is governed by Rule 28 of the CGST Rules. Amendments were introduced in October 2023 4 to treat the issuance of intra-group corporate guarantees as taxable service and ...

A well-structured, targeted tax relief system is crucial to enhance economic inclusivity, stimulate demand, and position India as a globally competitive market ...

The Finance Bill, 2025, provided a retrospective amendment of the provision of the Income Tax Act. The amendment was triggered by a ruling of the Hon’ble Supreme Court in the case of Safari Retreats ...

The former Delhi Chief Minister said that a large portion of the public exchequer is spent on the loan waivers for ...

The New Income-Tax Bill, 2025, introduced by FM Nirmala Sitharaman, aims to consolidate tax laws, but does it bring real ...

In many countries, we pay consumption tax when we buy goods and services from businesses, which then remits the taxes to the ...