As per the decisions taken in the 55 th GST Council meeting government has amendment in CGST Act, 2017 in the budget 2025, after this amendment specifically provide for the requirement of reversal of ...

The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

Sitharaman had announced an income tax reform, allowing zero income tax for those earning up to ₹12 lakh. The RBI then ...

After introduction in the Upper House, the bill, which was approved by the Union Cabinet chaired by PM Modi, will be sent to ...

The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.

Finance Minister expects consumption recovery, while RBI Governor monitors rupee depreciation impact on inflation and ...

Finance Minister Nirmala Sitharaman emphasised that while the government is committed to boosting local manufacturing by ...

India’s 2025 budget cuts taxes to boost spending, but can it offset slowing growth amid inflation, weak demand, and global ...

With the middle class forming 67.16 percent of Delhi’s population—roughly 28.26 lakh households—political parties had every ...

India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 97.5% ...

The new Income Tax Bill is a key element of the regulatory reforms announced by finance minister Nirmala Sitharaman in her ...

The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...