Union Budget 2026-27 to be presented soon, Finance Ministry completes final preparations
The central government is preparing to present its next fiscal policy, the Union Budget 2026, in Parliament on February 1st. […]
Tax hike raises risk of smuggling of tobacco products and revenue loss for govt: Experts
An unprecedented tax hike, coupled with a new excise duty structure on tobacco, could lead to a surge in illicit
CBDT chief urges tax officials to prepare for transition to new Income Tax Act
Central Board of Direct Taxes (CBDT) Chairman Ravi Agrawal has asked the Income Tax Department to be ready and proactive
MSME Bodies Urge GST-linked Trade Credit Push In Budget 2026-27
Industry bodies World Trade Centre Mumbai and the All India Association of Industries (AIAI) have urged the government to introduce
Old income tax notices resurface as 10–15-year-old tax demands appear on portal, interest piles up, says report
Income tax demands from very old years, such as 2005 to 2011, have suddenly started appearing on the income tax
No relief for delay in filing GST appeal, HC junks writ petition
The Gujarat High Court has dismissed a writ petition seeking to condone the delay in filing a GST appeal, emphasising
Budget 2026 may further tilt balance toward New Tax Regime after exemption hike in 2025
As policymakers prepare the ground for the Union Budget 2026, the direction of India’s personal income tax framework is becoming
GST cuts, tax relief to fuel India auto demand in 2026: Axis Securities
India’s automobile industry is expected to witness sustained momentum in 2026, with Axis Securities maintaining an optimistic outlook across two-wheelers
Section 87A rebate gap: BCCI urges Budget 2026 relief for small taxpayers, investors
Small taxpayers often miss out on the tax rebate under Section 87A of the Income Tax Act, 1961, when their
GST collections dipped by 3% this Dec, says CM Pramod Sawant of Goa
Chief minister Pramod Sawant on Friday acknowledged the 3% dip in Goa’s goods and services tax collections (GST) for Dec.
