Govt to usher in new standards for tax accounting
In a move to simplify corporate tax compliance, the government may soon form a panel and mandate it to integrate […]
Recent Tax News
Gram panchayats achieve 71.39% tax collection; Karnataka tops country in revenue mobilisation
Gram panchayats in Karnataka have achieved 71.39% tax collection for the financial year 2025-26 as of February 18 and with
Tobacco Board urges Finance Minister to revisit tax hike; flags farmer distress, illicit trade risk and tax revenue loss
The hike in cigarette prices is turning out to be problem for tobacco farmers and workers. The Tobacco Board, under the administrative
No tax risk for foreign companies setting up data centres in India: FinMin
The Budget proposal of a 20-year tax holiday to foreign companies which provide cloud services globally will be available only
High Taxes On Cigarette May Fuel Illicit Trade, Hurt Tax Collection: Report
The hike in prices of cigarettes following the implementation of additional excise duty beginning this month could lead to a
Former State Tax Officer Booked by Vigilance and Anti-Corruption Bureau for Disproportionate Asset Case
The Vigilance and Anti-Corruption Bureau (VACB) booked a former State tax officer on charges of acquiring assets disproportionate to his
Fast-track demergers for corporate restructuring face tax roadblocks
Fast-track demergers, introduced by the Ministry of Corporate Affairs (MCA) to make corporate restructuring quicker, cheaper and more business-friendly, are
Budget 2026: Tax relief on savings and FD interest back in focus as savers feel the pinch
For a large segment of Indian savers, interest earned on bank deposits is a matter of financial security rather than
Economic growth in FY26 estimated at 7.4%
Fuelled by strong performance of services sector and manufacturing, real Gross Domestic Products (GDP) growth for Indian economy is estimated
India shows strong public trust in tax system: Global survey
India continues to demonstrate relatively high public trust in its tax system, with strong tax morale and a growing perception
