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SIMPLIFICATION OF TAX CODE
Tax reforms to play vital role in attracting global capital to India: ExpertsIndia's economic ascent hinges on predictable and simplified tax reforms to attract global capital, according to a senior financial expert....- 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 ...
- India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...
- New Income Tax Bill: An effort towards streamlining complexities, cutting red tapeIndia's Income Tax Bill 2025 simplifies the archaic Income Tax Act of 1961 with fewer sections and clearer guidelines, promoting ease of do...
- New income tax bill: What it could mean for taxpayers and how it can impact themNew income tax bill, 2025: FM Nirmala Sitharaman, while presenting the Union Budget 2025 on February 1, announced that she will table the n...
- Will Budget 2025 replace Income Tax Act with new Direct Tax code? Here’s what experts sayDirect Tax Code vs Income Tax Act: The finance minister is all set to present Budget 2025 on February 1, 2025. There are speculations that ...
- Budget 2025 could start implementing Direct tax code by cutting tax rates, removing exemptions, lay out road mapDirect Tax code Uion Budget 2025: The news report indicates that the government can bring a new income tax bill in the Budget 2025 session ...
- Elon Musk fires major salvo, calls for tax changes as Donald Trump nears his second presidencyWith Donald Trump coming to power on January 20 after Joe Biden's term ends, Elon Musk has risen to the occasion to demand for major tax ch...
- 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...
- Need holistic new Tax Code for Vikshit Bharat: ExpertsExperts call for tax reforms before the upcoming budget. They suggest a simpler tax system with lower rates and a wider base. This aims to ...
- Budget 2024 shakes up tax rules, hitting stocks, properties, and goldThe government has introduced significant tax changes impacting stock market transactions, property sales, and gold imports. Revised tax ra...
- Pre-budget meet with FM: Economists seek IBC-type law for NBFC sector, tax reformsEconomists have underlined the need for bringing IBC-type framework for NBFC sector.
- First 100 days of Modi 2.0 could see tax cut, GST rejig, bank reformFinance and other ministries are said to have already lined up measures for new government.
- No cumbersome disclosures! Simplified tax return forms to be notified by next weekITR forms for this year sought details of bank accounts and foreign visits. They had specific columns for accounts, including ones paid by ...
- Finance Ministry likely to come up with simplified I-T return forms likely by month endThe simplified form, which is being brought after the earlier version was opposed by industry and MPs for cumbersome disclosure norm.
- BJP vows to end policy paralysis; Ram Temple remains core agendaUnveiling a roadmap for eco revival via good governance, BJP said that its govt will develop domains like labour-intensive manufacturing an...
- Government sets up study group on CTC for common service tax, excise dutyThe FinMin set up a study group to look into the possibility of a Common Tax Code (CTC) for service tax and central excise duty.
- DTC may swell revenue collection in subsequent yearsThe proposed Direct Taxes Code (DTC) may have a neutral impact on tax revenue collection in its initial years of implementation but it’s li...
- Govt to come up with Direct Tax Code draft soonThe government would come up with a Direct Tax Code draft for simplification of tax regime next month, Finance Minister Pranab Mukherjee to...
- New income tax code to be tabled before DecemberThe new income tax code that will simplify and replace the nearly five decades-old law will be introduced in Parliament in the next four mo...
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