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...
04 Jun, 2026, 11.40 PM IST
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...
31 May, 2026, 09.49 PM IST
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...
28 Apr, 2026, 02.48 PM IST
New I-T Act will increase voluntary compliance: OfficialThe Income Tax Act, 2025 will boost voluntary compliance by simplifying provisions and reducing complexity, a senior official said. The rev...
21 Apr, 2026, 09.49 PM IST
GST 2.0 Inverted duty structure hurts FMCG, Pharma: Expert flags concernsIndian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...
18 Apr, 2026, 10.56 AM IST
Oberoi Realty & Nirmal Lifestyle get NCLT approval for mergerThe National Company Law Tribunal has approved the merger of Nirmal Lifestyle Realty with Oberoi Realty. This move will simplify Oberoi Rea...
13 Apr, 2026, 11.19 AM IST
Top 10 winners get Rs 10,000 each: Income Tax Dept organises quiz on Income Tax Act, 2025 with cash prizesThe Income Tax Department is hosting a quiz on the new Income Tax Act, 2025. This initiative aims to boost citizen awareness of the taxatio...
10 Apr, 2026, 05.52 PM IST
Central Board of Direct Taxes invites stakeholders' input for drafting I-T rules and related formsThe Central Board of Direct Taxes invites stakeholders to submit inputs for the Income Tax Bill, 2025, focusing on simplifying tax processe...
18 Mar, 2025, 04.58 PM IST
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 ...
30 Jan, 2025, 12.18 PM IST
Simplify ITR forms, bring 'one rate one section' for TDS: Deloitte surveyA Deloitte survey reveals that most income tax filers in India want simpler ITR forms, easier incentive calculations, and a streamlined TDS...
04 Dec, 2024, 01.48 PM IST
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...
27 Nov, 2024, 12.23 AM IST
I-T dept receives 6,500 suggestions on income tax act reviewThe income tax department received suggestions for the Income Tax Act review. Finance Minister Nirmala Sitharaman chaired a meeting on the ...
04 Nov, 2024, 10.39 PM IST
Tax dept invites public suggestions for I-T Act reviewThe Income Tax department has sought public opinions to simplify the six-decade-old Income-tax Act, focusing on clearer language, reducing ...
07 Oct, 2024, 05.02 PM IST
Finance Minister Nirmala Sitharaman defends tax measures through Union Budget in Lok SabhaFinance Minister Nirmala Sitharaman announced on Wednesday that recent amendments to the Finance Bill ensure no additional tax burden for l...
07 Aug, 2024, 05.41 PM IST
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...
23 Jan, 2024, 02.45 PM IST
GST Annual filing waived off for taxpayers below Rs 2 cr turnoverFiling of FORM GSTR-9 for those taxpayers who (are required to file the said return but) have aggregate turnover up to Rs. 2 crore made opt...
23 Sep, 2019, 10.01 AM IST
Trai proposes licensing & tax reformsTrai has also backed a review of licence fees, SUC and the Universal Service Obligation Fund (USOF) levy to enhance the overall ease of doi...
03 Feb, 2018, 12.22 AM IST