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

As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total ...

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...

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 ...

One of the most popular Indian cricketers is said to own 70 bikes and at least a dozen luxury cars. Data from the Federation ...

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

The Union Budget 2025-26 has sparked a heated debate in the Rajya Sabha. While BJP legislators touted the budget as a progressive step towards a developed India, opposition MPs criticized it for ...

Budget 2025 aims to unlock India's potential for development by 2047, with reforms for ease of doing business and tax ...

The Goods and Services Tax (GST), introduced in 2017, has been good intention undone by poor implementation. How can it be ...

Apart from fiscal policy, HSBC expects the Monetary Authority of Singapore (MAS) to remain on pause for the remainder of 2025 ...

While the Centre is keen on doing away with the 12% GST slab, states on the rate rationalisation panel have, so far, only ...