The Income Tax Department is developing rules for the upcoming Income Tax Bill, 2025. CBDT Chief Ravi Agarwal announced this at the 166th I...

Prime Minister Narendra Modi hails Goods and Services Tax as a landmark reform on its eighth anniversary. He says it boosted ease of doing ...

Entering its ninth year, India's Goods and Services Tax (GST) prioritizes ease of business, stronger compliance, and broader economic inclu...

The Adani Group released its Tax Transparency Reports for the fiscal year 2023-2024, showing a global tax contribution of Rs 58,104.4 crore...

India's Income Tax Bill 2025 simplifies the archaic Income Tax Act of 1961 with fewer sections and clearer guidelines, promoting ease of do...

"Aligning tax provisions with global benchmarks and supporting innovation will accelerate India's journey to becoming a global economic lea...

India's Central Board of Direct Taxes (CBDT) has launched a campaign to help taxpayers accurately report foreign income and assets in their...

The government has introduced changes to GST laws, allowing authorities to waive certain interest and penalties on past tax demands. Effect...

EY recommends significant tax reforms in the upcoming Budget, urging the government to double the standard deduction under the new concessi...

The income tax department in India has released an interim action plan for the fiscal year 2024-25, focusing on identifying cases of TDS sh...

Budget 2024: India's indirect tax landscape is in need of significant changes to promote economic growth and a more business-friendly envir...

As per the FAQ issued by the Central Board of Direct Taxes (CBDT), a 1% TDS will have to be deducted from the gross sale amount after inclu...

"Over the medium term, we expect that the GST will contribute to productivity gains and higher GDP growth by improving the ease of doing bu...

Designed to free up trade, foster tax compliance and make it easier to do business in India, the GST is scheduled to go into effect on July...

The MSMEs today continue to deal with core business challenges including high interest costs, ability to raise adequate working capital, an...

India and the US resolved to remove obstacles to investment flows and work towards early adoption of FATCA to facilitate automatic flow of ...

The revenue department’s proposal to bring tax evasion under the ambit of the anti-terror financing law and send evaders to prison is not a...