‘Much jubilation about income tax cut, but...’: Economist warns against relying on GST, says it hurts poor
Much jubilation about income tax cut, but millions will fall out of the income tax net,” Ranade wrote, pointing out a ...
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Trott – GST will need to be higher than 5% to repair States finances
POLICY & RESOURCES president Lyndon Trott has warned that GST will need to be higher than 5% to repair the States’ battered ...
New Income Tax Bill
Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...
Tax Guru10d
GST Collections and Impact on Income Groups
(a) the total amount of GST collected along with proportional contribution from the lowest income groups, middle-income groups and high-income groups in the last five years; ...
GST rate rationalisation process underway, say sources
The government had set up a ministerial panel, the Group of Ministers (GoM), to examine GST rate rationalisation.
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More tax relief coming? After income tax slab changes in Budget 2025, Modi government eyes GST revamp
The 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 ...
New Income Tax Bill 2025 Highlights: FM Nirmala Sitharaman introduced new I-T Bill in Lok Sabha
New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...
Common ground between Centre, states still elusive on GST rationalisation agenda
While the Centre is keen on doing away with the 12% GST slab, states on the rate rationalisation panel have, so far, only ...
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Views| India's shrinking tax base: Could a GST cut have been more effective for the middle-class woes than an income tax waiver
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 ...