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MODI TAX OVERHAUL
As Modi urges restraint on gold buying, jewellers’ body pitches mobilisation & recycling frameworkThe All India Jewellers & Goldsmith Federation proposes mobilising India's idle gold stocks. This approach aims to save foreign exchange wi...
PM Modi lauds Andhra govt, IT Minister Nara Lokesh for GST savings campaignPrime Minister Narendra Modi commended the Andhra Pradesh government and IT Minister Nara Lokesh for their successful 'Super GST, Super Sav...
GST reforms: Maharashtra CM Fadnavis hails move, calls it result of PM Modi's farsighted visionDevendra Fadnavis praised Narendra Modi's vision regarding GST. The GST Council approved changes to the indirect tax system. The new tax sl...
Mahindra's SUV sales to dealers dip for first time in over 3 years ahead of India tax cut callMahindra & Mahindra experienced its first sales decline in over three years in August, attributed to moderated dealer dispatches pending a ...
PM Modi's tax overhaul may strain finances but boost image amid US trade tensionsNarendra Modi's government announced tax cuts to boost the economy. The goods and services tax regime will change in October. Daily essenti...
India bonds poised for weak open as tax overhaul stirs fiscal concernsIndian government bonds are expected to open weaker on Monday, influenced by softer U.S. Treasury yields and concerns over Prime Minister M...
India confident of meeting fiscal deficit target, despite planned tax cutsIndia remains confident in achieving its fiscal deficit target of 4.4% for the current fiscal year, even with planned consumption tax cuts....
New Income Tax bill halves word count, eases compliance: Chairman of the Finance Select Committee, Baijayant Jay PandaBaijayant Jay Panda discussed the simplification of India's tax laws. The new Income Tax Bill aims for easier compliance. The bill reduces ...
India’s third shot at tax reform mustn’t miss the target when govt is out of painkillersMany Indians are unhappy with income taxes despite a small taxpaying population. With pending tax reforms and calls for fairness, alleviati...
Modi government eyes higher capital gains tax for rich to curb inequalityIndia’s reliance on indirect taxes — levies on consumption — rather than direct taxes on capital is often cited by economists as the main c...
Government determined to make income tax system 'seamless, painless, faceless': MoS ThakurIn a major overhaul of tax administration, Prime Minister Narendra Modi on Thursday unveiled faceless tax assessment and appeals to reduce ...
Many landmark decisions by Modi government to empower, honour honest taxpayers: Amit ShahThe Prime Minister on Thursday unveiled a faceless tax assessment and appeals to reduce the scope for corruption and overreach by officials...
India first nation to adopt randomised faceless assessment: CBDT chairman PC ModyThe shift encompasses setting up several units or teams that will assess, review and verify tax demands or orders at the draft stage, befor...
Faceless assessment: Finally, PM Modi is taking the taxman out of taxThe tax dept has started working on this project and from the next year, tax-payers won't need to interact with any official or visit the t...
India is said to plan electronic tax scrutiny for top 500 firmsThe measure, likely to be introduced in the Budget, will eliminate the need for all human interactions in scrutiny of tax returns and repla...
Instagram posts will soon help Modi government sniff out tax evaders‘Project Insight’ will complement the world’s largest biometric identity database and Modi's ambitious tax overhaul as he tries to get more...
Donald Trump hails GST, says it will create new avenues for citizens"In just two weeks, you will begin to implement the largest tax overhaul in your country's history - we're doing that also, by the way - cr...