It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...
The GST Council had set up the Chaudhary panel in September 2021 to streamline tax rates, resolve classification disputes, ...
The Indian government refutes claims that GST complexities hinder business operations, stating that the tax structure follows GST Council recommendations, comprising four main slabs—5%, 12%, 18%, and ...
Rule 12 of CGST Rules, 2017 specifies the registration form for the e-commerce operator. Any person required to collect tax ...
The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...
A well-structured, targeted tax relief system is crucial to enhance economic inclusivity, stimulate demand, and position India as a globally competitive market ...
Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax (GST) has significantly reduced over the years since its implementation. She ...
Parliament Budget Session 2025, New Income Tax Bill 2025 Live Updates: The Finance Ministry has repeatedly said that the objective of the new Income Tax bill is to simplify the tax system but will it ...
Additionally, the finance minister highlighted that there has been a significant decrease in GST rates, decreasing from 15.8% ...
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Lower GST burden? Average tax rate falls from 15.8% to 11.3%, reveals FM Nirmala SitharamanFinance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax ...
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