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LOWER TAX RATE
GST Council proposes 2% TDS on scrap dealsThe proposed levy covers plastic waste, discarded tyres, electrical and electronic scrap, and used cooking oil. Under the framework, regist...10 Oct, 2026, 12.03 AM IST- Donald Trump approval rating crashes among Republicans weeks ahead of November 3 US midterm electionsDonald Trump approval rating: Concerns about the economy and the war have driven Trump's public approval to record lows and have been weigh...09 Oct, 2026, 07.46 PM IST
- Good news for employees: Input Tax Credit on group health and life insurance allowed; Know how it employeesNow GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it he...09 Oct, 2026, 11.21 AM IST
- 'Faster decisions, lower compliance costs': PM Modi welcomes new round of GST reformsPrime Minister Narendra Modi on Thursday welcomed the new round of GST reforms approved by the Goods and Services Tax (GST) Council, saying...08 Oct, 2026, 10.00 PM IST
- Facing a 7% Mortgage? Here's how family loans could help buyers avoid high mortgage interest and unlock valuable tax savingsMortgage rates are stuck above 7%. Waiting sounds smart, but rising home prices could quickly erase any rate savings. That is why some fami...08 Oct, 2026, 09.33 PM IST
- GST winners 2026: No rate cuts, but small businesses, exporters and taxpayers have plenty to gain. Here's howGST Reform Winners 2026: The GST Council has greenlit key reforms intended to simplify compliance for businesses across the board. Small bu...08 Oct, 2026, 06.20 PM IST
- India's GST Revolution: How India’s biggest indirect tax reform changed its economy and its way of doing businessIndia's GST Revolution: GST has transformed India's indirect taxation system, eliminating many previous levies to streamline compliance and...08 Oct, 2026, 12.29 PM IST
- GST 2.0: From stuck tax credit to fewer disputes, industry chambers list key reform demandsGST 2.0 reforms: Industry chambers are calling for reforms to GST 2.0 during the upcoming GST Council meeting. They seek improvements in in...08 Oct, 2026, 12.25 PM IST
- CARE upgrades Adani Enterprises to ‘AA’, retains ‘stable’ outlookCARE Ratings has upgraded the long-term rating of Adani Enterprises to 'AA', affirming a stable outlook. This elevation underscores enhance...07 Oct, 2026, 08.54 PM IST
- Donald Trump is considering an 18.4-cent gas tax cut, but will the savings reach your wallet?Trump’s proposal could offer some relief as prices climb. But the savings would likely be modest. Drivers may save a few dollars each time ...07 Oct, 2026, 06.28 PM IST
- Next-gen GST reforms: Single registration, easier input tax credit among key MSME demandsThe 57th GST Council meeting, now slated for October 8, 2026 (Thursday), is likely to consider several proposals aimed at easing the compli...07 Oct, 2026, 11.36 AM IST
- Tax credit vs deduction in 2026: How a $20,000 credit could cut a $50,000 tax bill to $30,000IRS tax credit and deduction explained: A tax credit and a tax deduction can both lower your tax burden, but they work differently. Here’s ...07 Oct, 2026, 04.44 AM IST
- Karnataka liquor volumes flat in H1 as beer gets three cheersKarnataka observed significant growth in beer sales, rising by 41% in the first half of the fiscal year. Indian-made liquor sales, however,...06 Oct, 2026, 03.47 PM IST
- Diwali gifting gets pricier as pistachio, almond rates surge on US-Iran war, higher freight and weak rupeePrices for nuts and dry fruits have increased significantly this festive season due to supply issues. Sourcing challenges from key supplier...06 Oct, 2026, 12.46 AM IST
- Waiting on income? Deferring payments into next year could reduce your 2026 taxable income, but there is a catch you should know firstIf you’re self-employed and expect a lower income next year, delaying eligible payments until January could reduce your current-year taxabl...05 Oct, 2026, 10.39 PM IST
- Class 9 students to learn income tax and personal finance under new NCERT curriculumNCERT has introduced personal income tax in the Class 9 curriculum to enhance financial literacy among students. The textbook highlights th...01 Oct, 2026, 05.35 PM IST
- NRE vs NRO FD TDS rules: Tax rate for NRIs, PAN rules, DTAA benefit and repatriation limitWhen it comes to Non-Resident External (NRE) and Non-Resident Ordinary (NRO) fixed deposits, understanding their distinct tax implications ...30 Sep, 2026, 10.42 AM IST
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