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News business tax GST Council Meet On October 8: Arrest Powers, E-Commerce Rules, Compliance Reforms On Table Last Updated:October 07, 2026, 10:50 PM IST From easier registrations to protection of genuine ITC claims, several proposals seek to make GST compliance simpler for businesses. Finance Minister Nirmala Sitharaman (C) and Union Minister of State for Finance…
1 hour ago copy link Bollywood actress Rakul Preet Singh has expressed strong objection to the media reports in which Income Tax Department raids were being claimed on her premises. Rakul has issued a long statement on social media calling these reports ‘false, misleading and malicious’. He has clarified that this investigation or raid of…
1 minute ago copy link Bollywood actress Rakul Preet Singh has expressed strong objection to the media reports in which Income Tax Department raids were being claimed on her premises. Rakul has issued a long statement on social media calling these reports ‘false, misleading and malicious’. He has clarified that this investigation or raid of…
Last Updated:August 28, 2026, 12:42 IST Some changes take effect from the first day of the month, others are deadlines that fall at the end of August like ITR filing or rules that will come into force during next month. New Financial Rules From September 1. The month of September begins on Tuesday, September 1,…
Last Updated:July 05, 2026, 12:49 IST Zero TDS on Form 16 doesn’t exempt you from filing an ITR. Consider all income, transactions, and specific conditions. ITR Filing Rules: Zero TDS In Form 16 Doesn’t Always Mean No Return Is Needed A Form 16 showing zero TDS does not automatically mean you are exempt from filing…
Last Updated:March 19, 2026, 07:05 IST Income Tax: While overall tax burden for individuals remains largely unchanged, the new tax law introduces structural changes in the way income is assessed and returns are filed. New Income-tax Act, 2025. India’s direct tax framework is set for a major overhaul from April 1, 2026, when the new…
Ahead of Budget 2026–27, industry is asking the government to focus on execution. With global uncertainty and a slowdown in domestic growth, businesses want results on manufacturing, infrastructure and MSME support rather than fresh promises. This sentiment comes through clearly in a pre-Budget survey released on January 15 by the Associated Chambers of Commerce and…
Last Updated:October 28, 2025, 06:30 IST The Centre will launch a new GST registration system from November 01, 2025, simplifying processes for small businesses. GST 2.0 became effective from September 22. The Centre will introduce a new GST registration system from November 01, 2025, aimed at simplifying the registration process for small businesses and public…
Last Updated:September 21, 2025, 09:09 is GST 2.0 Effective Date: GST reforms led by Nirmala Sitharaman start September 22, merging slabs to 5 percent, 18 percent, and 40 percent for sin goods. New rates of GST 2.0 will become effective from tomorrow, September 21. GST Reforms 2025 List: Goods and Services Tax (GST) reforms are…
Last Updated:September 03, 2025, 23:45 is The revised rate structure will come into effect on September 22, coinciding with the first day of Navratri Union Finance Minister Nirmala Sitharaman addresses the media regarding the 56th GST Council meeting, in New Delhi, Wednesday. (PTI photo) In a major move to simplify India’s tax regime and bring…