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Group insolvency rules to solve complex cases soon

new delhi, Aug. 25 -- The Centre is laying the groundwork for a new insolvency framework that could see a single administrator and a common bench for resolving bankruptcies of related companies within... Read More


Faster approvals, taxation tweaks top industry's blueprint for govt reforms

New Delhi, Aug. 24 -- With the government rolling up its sleeves to usher in the next generation reforms as a growth booster, the industry has drawn up a sweeping wish list of over 250 proposals acros... Read More


Tax cuts and GST reforms are closer than you think

New Delhi, Aug. 22 -- The Goods and Services Tax (GST) Council will consider proposals to give tax relief to consumers and reform the GST structure to make compliance easier for businesses at a two-da... Read More


New Income-tax Act to come into force 1 April

New Delhi, Aug. 22 -- The government on Friday notified the Income-tax Act, 2025, and said it will replace the over six-decade-old direct tax law at the start of the new financial year on 1 April. The... Read More


Ministers greenlight two-rate GST, tax relief likely on a range of items

New Delhi, Aug. 21 -- A range of goods from cars to kitchenware may turn cheaper in the near future, with a top panel of state ministers greenlighting a proposal to simplify India's indirect tax syste... Read More


FM Sitharaman to brief GST panels on rate rejig, cess phase-out starting Wednesday

New Delhi, Aug. 19 -- As the Centre pushes ahead with its next wave of tax reforms, finance minister Nirmala Sitharaman will brief the Goods and Services Tax (GST) Council's groups of ministers (GoMs)... Read More


Govt on 100-day mission to fast-track growth: Piyush Goyal

New Delhi, Aug. 18 -- The Union government is embarking on a 100-day mission to fast-track the country's journey to becoming a developed nation, commerce and industry minister Piyush Goyal said at an ... Read More


GST revamp aims to end bizarre tax disputes; automobiles to get tax relief

New Delhi, Aug. 18 -- Businesses will be spared courtroom drama around product tax rate, as revamping the Goods and Services Tax (GST) into a mainly two-rate structure will prevent quirky disputes lik... Read More


A revamped two-slab GST could end bizarre disputes

New Delhi, Aug. 18 -- Businesses will be spared courtroom drama around product tax rates, as revamping the goods and services tax (GST) into a mainly two-rate structure will prevent quirky disputes su... Read More


IBC plan eyes part sale of assets, 2nd shot at rescue

New Delhi, Aug. 16 -- Apart from speeding up the disposal of distressed companies as going concerns, the proposed amendments to the Insolvency and Bankruptcy Code (IBC) tabled in Lok Sabha on Tuesday ... Read More