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TAX REFORMS
Tax reforms drive 1.32 crore updated returns, Rs 16,083 crore additional tax: CBDT memberUpdated income tax returns have increased significantly over four years. New tax regime adoption shows strong uptake among taxpayers filing...- Indian retirees missed out on equity wealth: How decades of pension-led retirement saving left portfolios stock-lightFor the longest time, we had a defined benefit plan. Even today, we have around us many retired government and public sector employees (and...
- GST Council meeting likely to be postponed, say sourcesThe 57th GST Council meeting, scheduled for September 12, is likely to be postponed, with a final decision expected after consultations wit...
- Beer gets its buzz going as spirits market sobers upState-level tax increases hurt demand for spirits, with growth at only 2%; beer volumes jump 17%, led by Maharashtra and Karnataka.
- Customs portal aims to curb divergent assessment practicesThe Central Board of Indirect Taxes and Customs has introduced an innovative digital repository designed to assist importers and customs br...
- UBL sees India as key growth engine for Heineken; focuses on premiumisation, margin expansionUnited Breweries Ltd sees India as central to Heineken's growth agenda. The Indian market is experiencing rising premiumisation and offers ...
- Parliamentary panel flags compliance glitches on new income tax act, seeks more data from CBDTA parliamentary committee has identified compliance issues with the new Income Tax Act. They are seeking detailed data from the CBDT on its...
- Trump’s second-term policies put US finances under growing strain as debt tops $40 trillionDuring President Trump's presidency, the national debt of the U.S. has ballooned to over forty trillion dollars. Federal expenditures are o...
- India's growth story drawing global investor attention, but policy predictability key to unlocking more FDI: USIBC Prez Atul KeshapGlobal investors are reassessing India's economic prospects due to its strong growth. US investors see confidence boosted by India's infras...
- The road less paved: India’s cities have a governance problemAs key contributors to national economic growth, Indian cities face challenges in governance due to unfulfilled promises of devolving power...
- Trump pledged fiscal restraint. Instead, debt tops $40 trillion as borrowing costs riseUS debt: While voters may not focus on the issue until the country's fiscal problems translate into benefit cuts or tax hikes, the fallout ...
- Direct Tax Reforms: Parliamentary panel to meet tomorrow to discuss simplifying taxesA parliamentary committee will meet on September 3 to discuss direct tax reforms. The meeting will focus on simplification, rationalization...
- Maruti Suzuki plans Rs 77,500 crore capex over 5 years to boost demand post-GSTMaruti Suzuki will invest Rs 77,500 crore in capital expenditure over five years. This significant investment aims to capitalize on anticip...
- Finance Act 2026: Updated return rules change for taxpayers reporting reduced lossesThe Finance Act, 2026, has plugged a significant gap. Earlier, an updated return could not be filed if unaccounted income merely reduced a ...
- Over 40,000 reforms carried out in last decade for ease of business; Gujarat emerges as front-runner: DPIIT SecyState governments have implemented over 40,000 reforms in the past decade. Gujarat leads these efforts, enhancing the ease of doing busines...
- GST 2.0 gives auto, economy a fresh gear; India car market seen at 6.3 million by 2031: Maruti ChairmanMaruti Suzuki Chairman RC Bhargava credits GST reforms for economic impetus and growth. The Indian car industry is projected to reach 6.3 m...
- GST Council to hold 57th meet on Sept 12 with ITC, simplifying the GST corporate guarantees & more on agendaThe GST Council will meet on September 12 to discuss key reforms. Proposals include easier input tax credit access for buyers and simplifie...
- Centre appoints key officials in NTA amid NEET paper leak rowNew officials have been appointed to key National Testing Agency posts. This move follows significant concerns over the NEET exam paper lea...
- Japan plans tax break to shake up low-return businessesJapan's government is considering tax breaks on non-core business sales. This move aims to accelerate corporate restructuring and industry ...
- The 'trustworthy' changes in the lives of India's middle classDigital payments and tax reforms have significantly altered middle-class spending habits. GST has streamlined consumption taxes, impacting ...
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