Much jubilation about income tax cut, but millions will fall out of the income tax net,” Ranade wrote, pointing out a ...
Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...
New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...
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 ...
It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...
The GoM had also suggested lowering the GST rate on all individual health insurance policies to 5%, without the option of ITC ...
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More tax relief coming? After income tax slab changes in Budget 2025, Modi government eyes GST revampThe Narendra Modi government, having provided substantial relief in personal income tax and customs tariff rationalisation in ...
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Income Tax: Relief in income tax will save Rs 1 lakh crore, read which sectors can get big benefit..In the budget presented for the upcoming financial year 2025-26, the government has given a relief of Rs 1 lakh crore in ...
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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