Gujarat records 17% growth in GST revenue for Jan 2025
Gujarat’s tax department reported a 17% increase in Goods and Services Tax (GST) revenue for January 2025 compared to the […]
Budget lowers India’s average customs duty rate, sends positive signal to the US: CBIC Chair
The customs duty rejig announced in the Union budget for FY26 lowers India’s average customs duty rate sharply from 11.65%
Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal
The days of intrusive tax scrutiny and compliance enforcement are over and tax administration will be based purely on trust
Size of Income Tax-Act to reduce by half in new Bill: CBDT chief
The government has tried to remove redundancies in the Income Tax Act-1961, under the Bill to be tabled next week.
Most suggestions on IT Act were about simplifying language, widening presumptive taxation: CBDT Chairman
An Income-Tax Department internal committee reviewing the old direct tax law to pave the way for a new one has
Tax Reforms In Budget 2025 Should Help Bring In Majority Of Taxpayers To New Income Tax Regime, Says CBDT Chairman
CBDT Chairman, Ravi Agrawal, on Sunday said that revisions in the tax slabs should bring nearly all the individual taxpayers
Income tax: 90% or more taxpayers may shift to new regime, says CBDT chief
The Budget announcement of zero tax for earnings upto ₹12 lakh per annum and the rejig of tax slabs across the
Budget duty cut on key inputs to boost exports, manufacturing: Commerce Ministry
The reduction in customs duties in the Budget on certain inputs from sectors like marine, chemicals and critical minerals will
Presumptive tax regime likely to woo global talent into electronics
The government’s budgetary proposal for a new presumptive taxation regime for non-Indian residents providing services to electronics manufacturing companies operating
Nirmala Sitharaman: ‘1 crore more people will pay no tax’
With a rejig of Income Tax slabs, the expectation is that the money saved will flow back into the economy through consumption,
