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TAX YEAR SIMPLIFICATION
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...- Bengal budget 2026: Rs 3,000 monthly dole for unemployed youth, Kalyani airport and new sports university announcedWest Bengal's new budget introduces 'Bhorsha Kormosuchi,' offering monthly allowances to unemployed youth. Uneducated individuals aged 21-4...
- World Bank approves USD 1.5 bn loan to support India's reforms, job creationIndia's push for private sector-led growth and job creation has received a significant boost with the World Bank approving USD 1.5 billion ...
- World Bank clears $1.5 billion package to boost India's structural reforms, private sector jobsThe World Bank has approved a $1.5 billion financing package for India, aimed at accelerating structural reforms and stimulating private se...
- From reducing stock, MF holdings to evaluating your assets: Use this 8-point checklist to simplify finances after retirementYou may not need a long list of investments. Close bank and investment accounts that you no longer need. Reduce your stock and mutual fund ...
- GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
- Retired with 100 stocks and Rs 60,000 SIPs? Expert explains how to simplify your portfolio and plan withdrawalsRetirees face a new challenge: managing wealth after decades of building it. Experts advise simplifying complex portfolios, especially thos...
- 'Our India policy starts with a clean slate and shared economic goals'Nepal's Foreign Minister Shishir Khanal is visiting India to foster stronger ties. The new Nepali government prioritizes good governance an...
- Planning early retirement at 50 with a Rs 12.5 crore corpus? Expert explains how to generate Rs 2 lakh monthly incomeAn investor planning early retirement at 50 with a Rs 12.5 crore corpus seeks expert advice on generating Rs 2 lakh monthly income. The exp...
- CAIT seeks further GST simplification, says monthly collections have risen sevenfold since rolloutTraders' body CAIT seeks simpler GST rules. Tax collections have surged since 2017, but ground-level compliance remains difficult. More sim...
- How to manage the rupee while protecting growthFirst, on the rupee, one of the most effective ways to stabilise the currency is to improve the flow of foreign exchange into the country. ...
- Resilient, not shock-free: India charts path through war jittersIndia's economy faces challenges from the West Asia conflict. Rising oil prices and trade disruptions are impacting India. However, strong ...
- FPOs hold promise for smallholders, but face structural constraints: StudyFarmer producer organisations (FPOs) are key to integrating smallholders in India, but they are constrained by scale, market access, financ...
- BJP MP Baijayant Panda to lead 31-member committee reviewing new Income Tax BillBJP MP Baijayant Panda has been appointed to lead a 31-member Select Committee to review the new Income-Tax Bill proposed by Finance Minist...
- ICAI sets up group to study new income-tax bill, says its president CS NandaThe Institute of Chartered Accountants of India (ICAI) has initiated a group to review the new Income-tax bill and introduced an AI tool fo...
- Elon Musk and Donald Trump plan for a simplified tax code: What it means for your walletElon Musk and Vivek Ramaswamy, potentially under a Trump administration, are considering simplifying the U.S. tax code, possibly implementi...
- Simplified I-T Act likely to take longerReform of dispute resolution mechanisms, simplification of litigation management, overhaul of rules dealing with transfer pricing and tax d...
- Steps to make new tax regime more attractive; clear and concise capital gains tax regime expected: Tapati Ghose, DeloitteThe new tax regime may see further widening of slabs and reduction of tax rates. A clear and concise capital gains tax regime is expected t...
- Budget 2016: Easwer panel simplifies the clash between capital gains and business incomeThe Ministry of Finance, in October 2015, constituted a 10-member Income Tax Simplification Committee, headed by Justice R.V. Easwer, to si...
- Bad elements in tax department to be dealt with: Revenue Secretary Hasmukh AdhiaSimplification of rules and procedures and transparency through use of technology will be the topmost item of my attention in the next few ...
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