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Last Updated:January 11, 2026, 1:45 PM IST India is set to usher in a new era of direct taxation from April 1, when the Income Tax Act, 2025, comes into force, formally replacing the six-decade-old Income Tax Act, 1961. New Income Tax Act, 2025. India is set to usher in a new era of direct…
Last Updated:September 14, 2025, 16:04 is Nirmala Sitharaman announces major GST reforms in Chennai, reducing most goods to 5 percent slab from September 22, aiming to boost consumption and ease living for Rising Bharat. The GST rationalisation will boost consumption in the country and push investments, says Finance Minister Nirmala Sitharaman. Finance Minister Nirmala Sitharaman…
Last Updated:February 01, 2025, 00:06 IST Given the economic slowdown and geopolitical uncertainties, bold reforms are expected from FM Nirmala Sitharaman to simplify the tax structure, increase the basic exemption limit, and lower the highest tax rate, among others. The Union Budget 2025 is expected to bring bold tax reforms aimed at boosting disposable income,…