CBIC operations crippled for four days due to network failure
The Central Board of Indirect Taxes and Customs (CBIC)‘s operations have remained halted throughout the country for the last four […]
FinMin asks ICAI to review new Income Tax Bill 2025, suggest improvements
The Finance Ministry has asked the Institute of Chartered Accountants of India (ICAI) to review the new Income Tax Bill
FM replies to Jaya Bachchan: Tax on movie tickets reduced from 28% to 18%
Entertainment tax, which previously varied across states, sometimes going up to 100 per cent, has been rationalised under the GST
Rules for taxation of non-profit entities combined
The new Income Tax Bill, 2025 has streamlined and simplified provisions related to the taxability of non-profit organisation (NPO), which
Govt to continue taking measures to ensure inflation doesn’t hurt citizens, says FM Sitharaman
Finance Minister Nirmala Sitharaman on Thursday assured that the government will continue to take measures to check inflation. Retail inflation
Chennai Customs additional commissioner sent to prison in green peas import scam
A Chennai court on Thursday remanded an additional commissioner of Chennai Customs till February 25, for his alleged involvement in
New Income Tax Bill: No changes in capital gains tax structure, but language simplified
Some taxation experts are calling the recently-tabled new tax bill a significant reform that will help modernize and simplify India’s
AAP MP Raghav Chadha questions Nirmala Sitharaman’s ₹12 lakh income tax relief for middle class: ‘Is it untrue…’
Aam Aadmi Party MP Raghav Chadha on Friday said Union Finance Minister Nirmala Sitharaman tried to complicate his words at
New I-T Bill has missed an opportunity on some fronts, say experts
The new Income Tax Bill disappoints on inclusion of provisions on group taxation and removal of TDS (Tax Deducted at
CBIC Issues Clarifications on GST Rates and Classification for Pepper, Raisins, Ready-to-Eat Popcorn, AAC Blocks, and Utility Vehicles Based on 55th GST Council Meeting Recommendations
The CBIC vide Circular No. 247/04/2025-GST dated February 14, 2025, provides clarifications on GST rates and classifications based on the
