GST rate rejig on cards to spark consumption

New delhi, Feb. 14 -- After the Union government reduced the tax burden on individuals and the central bank followed with an interest rate cut, it's over to the states now. The Goods and Services Tax... Read More

GST rate rejig on cards to spark consumption

New delhi, Feb. 14 -- After the Union government reduced the tax burden on individuals and the central bank followed with an interest rate cut, it's over to the states now. The Goods and Services Tax ... Read More

What to expect from the new income tax law: Simplicity, tax certainty, reduced litigation

New Delhi, Feb. 13 -- The government is set to introduce the Income Tax Bill, 2025, in parliament on Thursday, seeking to replace a six-decade-old law with a crisper and shorter statute. Mint looks at... Read More

Sitharaman tables Income Tax Bill in Lok Sabha, seeks review by house committee

New Delhi, Feb. 13 -- Finance minister Nirmala Sitharaman on Thursday tabled the new Income Tax Bill 2025 in the Lok Sabha and proposed a review by a select committee of the lower house, signalling th... Read More

New Income Tax Bill to introduce 'tax year', replace definitions with formulas

New Delhi, Feb. 12 -- The new Income Tax Bill, which is likely to be tabled in Parliament this week, will introduce the term 'tax year' to specify the year of earning income for which the tax liabilit... Read More

Tax officers told to give relief to businesses on interest, penalty

New Delhi, Feb. 11 -- The Central Board of Indirect Taxes and Customs (CBIC) has told field officers that businesses which have paid tax dues in time are eligible for relief on interest and even penal... Read More

Tax officers told to give relief to businesses on GST interest, penalty

New Delhi, Feb. 11 -- The Central Board of Indirect Taxes and Customs (CBIC) has told field officers that businesses which have paid tax dues in time are eligible for relief on interest and even penal... Read More

A rich-country tax deal is dead in the water. But India is sailing ahead

New Delhi, Feb. 11 -- India will soon issue a new set of rules to determine how foreign companies' profits derived from India will be taxed, in an effort to reduce litigation and bring more subjectivi... Read More

New rules to tax MNCs on cards as OECD pact stalls

new delhi, Feb. 11 -- India will soon issue a new set of rules to determine how foreign companies' profits earned in India will be taxed, in an effort to reduce litigation and bring more objectivity a... Read More

NFRA weighs options after Delhi HC junks notices to auditors in IL&FS audit case

New Delhi, Feb. 9 -- National Financial Reporting Authority (NFRA) is weighing its options after the Delhi High Court last week quashed notices issued to auditors of some of the IL&FS group entities i... Read More

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