Daily Latest News
Finance Minister Nirmala Sitharaman unveiled a clean‑up of India’s direct tax framework, announcing a new foreign asset disclosure scheme, a decriminalised prosecution regime and staggered filing timelines as part of the Union Budget 2026. The moves aim to ease compliance for small taxpayers and reduce friction in India’s decade‑old income tax architecture ahead of the…
Last Updated:January 31, 2026, 9:16 PM IST Finance Minister Nirmala Sitharaman is all set to present her record-breaking ninth consecutive budget on February 1 As the Finance Minister rises to address the Lok Sabha at 11am on Sunday, the challenge will be to prove that India can maintain its status as the world’s fastest-growing large…
Last Updated:January 16, 2026, 05:35 IST Sophie Rain, who reportedly earned millions last year, dismissed James Fishback’s move as a blatant ‘clout grab’ According to Fishback, the proceeds from this targeted tax would be diverted towards increasing public school teacher salaries, improving the quality of school lunches, and funding crisis pregnancy centres. (Photo: X) A…
According to the Ministry of Finance, the meeting took place in the presence of the Minister of State for Finance, Pankaj Chaudhary, on the sidelines of the 18th Global Forum Plenary and Associated Meetings, being held in New Delhi from December 2 to 5, 2025. |Last Updated: Dec 02, 2025, 05:27 PM IST|Source: YEARS Source…
Hindi News Business Income Tax Return : Those With 5 10 Lakh Income Increased 3 Times In 3 Years New Delhi13 minutes agoAuthor: Gurudutt Tiwari copy link A reverse trend is being seen due to increase in income tax exemption by the Central Government. After the increase in income tax exemption, there was a fear…
New Delhi: Amid the ongoing festive season, the Union government has released an additional tax devolution of Rs 1,01,603 crore to state governments, the Finance Ministry said on Wednesday. This is an additional amount to the normal monthly devolution, which is scheduled to be released on October 10. According to the ministry, the decision was…
ITR Filing Deadline 2025 Extension Live Updates: Today is the ITR filing last date for the assessment year 2025-26. Tax professionals and bodies are urging the income tax department to extend the deadline. However, the income tax department has clarified that the current September 15 deadline remains intact and warned taxpayers against a fake message…
Last Updated:September 05, 2025, 23:50 IST While explaining the intricacies of the Modi government’s GST reform, Nirmala Sitharaman also panned the opposition for chiming in along with some global voices disparaging India Finance Minister Nirmala Sitharaman speaks with Network18 Group Editor-in-Chief Rahul Joshi in an exclusive interview. Image/News18 After executing the monumental task of GST rationalisation…
Last Updated:September 03, 2025, 23:51 is The GST restructuring comes barely 20 days after Prime Minister Narendra Modi announced his intent to simplify the tax structure The GST overhaul also serves as a strong political counter to opposition narratives. File pic/PTI In what is being widely seen as a pre-Diwali bonanza, the Government of India…
The US has officially announced a 50 percent tariff on India’s goods. America’s Department of Homeland Security has issued a notice to India in this regard. It is written that the US will impose an additional 25 percent tariff on India’s goods from 12 to 1 minute (local time) on August 27. And it will…