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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…
Last Updated:August 15, 2025, 21:05 is The proposal also signals that some goods will become significantly costlier The finance ministry has reportedly put forward a proposal to the GST Council to move from the existing four-slab system to a two-slab model, with rates of 5% and 18%. Representational image India is on the brink of…
Last Updated:August 15, 2025, 17:56 is The new plan, which has been sent to the GST Council and the Rate Rationalisation Group of Ministers (GoM), suggests a shift to a two-rate structure of 5% and 18% Prime Minister Narendra Modi, during his 12th Independence Speech from the ramparts of the Red Fort, spoke about an…
Last Updated:June 14, 2025, 02:39 is The state has also sought support of Rs 1.15 lakh crore investment to bolster Bengaluru’s infrastructure and address regional disparities in Kalyana Karnataka and Malnad Siddaramaiah underscored the state’s share, with Karnataka contributing nearly 8.7% of India’s GDP with just 5% of the population and ranking second in GST…
Budget 2025 Expectations Live Updates: With less than a week to go until the Union Budget presentation, industry stakeholders, experts, and economists are closely watching for key reforms and announcements from Finance Minister Nirmala Sitharaman. The Budget comes at a time of subdued economic momentum, a weakening rupee, and ongoing geopolitical uncertainties. As a result,…
India Budget 2025 Expectations Live Updates: Industry stakeholders eagerly await Finance Minister Nirmala Sitharaman’s upcoming Union Budget, with one key question on everyone’s mind: Will the Budget stimulate consumption, boost GDP growth, and provide tax relief to the common man and salaried individuals? Each year, the middle class looks to the Finance Minister for tax…
Budget 2025 Tax Special: Tax, tax, tax…the one word that is discussed the most before the arrival of the budget is tax…in India people get scared as soon as they hear the name of tax…most of the people They think that tax is nothing but a government formula to loot them…that is why such people…
Last Updated:November 29, 2024, 06:01 IST Anyone who has held GST registration at any point during the financial year must file an annual GST return. Anyone who has held GST registration at any point during the financial year must file an annual GST return. The countdown to December 31, 2024, is ticking, marking the final…
New Delhi: India’s net direct tax collections, comprising corporate tax and personal income tax, shot up by a robust 15.4 per cent to Rs 12.1 lakh crore, from April 1 to November 10 during the current financial year, according to the latest figures released by the Central Board of Direct Taxes (CBDT). On a gross…