Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...
Much jubilation about income tax cut, but millions will fall out of the income tax net,” Ranade wrote, pointing out a ...
Union Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services ...
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Lower GST burden? Average tax rate falls from 15.8% to 11.3%, reveals FM Nirmala SitharamanFinance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax ...
New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...
It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...
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 need of the hour is to expand the tax base because in a country of 140 crore, 3 crore is already abysmally low and it ...
In many countries, we pay consumption tax when we buy goods and services from businesses, which then remits the taxes to the ...
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