The National Company Law Tribunal has approved the merger of Nirmal Lifestyle Realty with Oberoi Realty. This move will simplify Oberoi Rea...

The new Income Tax Bill, introduced in Parliament by Nirmala Sitharaman, aims to simplify and modernise India's tax system without adding n...

New income tax bill, 2025: FM Nirmala Sitharaman, while presenting the Union Budget 2025 on February 1, announced that she will table the n...

Direct Tax Code vs Income Tax Act: The finance minister is all set to present Budget 2025 on February 1, 2025. There are speculations that ...

The Income-Tax Department's internal committee has received suggestions to simplify and restructure the old tax law, expanding schemes like...

Direct Tax code Uion Budget 2025: The news report indicates that the government can bring a new income tax bill in the Budget 2025 session ...

A Deloitte survey reveals that most income tax filers in India want simpler ITR forms, easier incentive calculations, and a streamlined TDS...

Reform of dispute resolution mechanisms, simplification of litigation management, overhaul of rules dealing with transfer pricing and tax d...

The govt will invite suggestions from the private sector and tax experts on the Income Tax Act, 1961, starting October. This initiative aim...

Revenue Secretary Sanjay Malhotra defended the capital gains tax rationalization, stating it was industry-demanded. He highlighted the budg...

The 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...

The panel will tackle those areas that have become "problematic" due to multiple additions over time.

Though there are certain issues between centre and state government over processes and implementation, I hope government will redress such ...

The Finance Ministry is preparing a roadmap for dealing with the problem of large number of tax litigations, Revenue Secretary Adhia said t...

Simplification of rules and procedures and transparency through use of technology will be the topmost item of my attention in the next few ...

The Central Vigilance Commission today emphasised on simplification of indirect tax laws - service and excise.

KPMG has said that the industry hopes for simplification of the onerous tax laws and resolution of some of the long standing tax controvers...