Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...

ICICI Bank report predicts 8.3% growth in indirect tax collection for FY26, with focus on GST and corporate tax.

The government’s Viksit Bharat vision is reflected in the Union Budget with a persistent focus on ‘Make in India’, export ...

As India gears up to claim the 4th spot among the world's largest economies by 2025, there is a pressing need to refine its ...

The enacted legislation, which introduces a suite of new indirect taxes, was ‘highly awaited’ but presents major concerns, ...

Summary: The Union Budget 2025 proposes a rationalized customs tariff structure by removing seven tariff rates, leaving only eight, with minor reductions on select items. To support domestic ...

From a GST standpoint, we need to bear in mind that changes to the GST legislation require approval of the GST Council, ...

We all know that the budget represents the estimated income and expenditure for the coming year, 2025–26. These figures are expected income and expenditure. There is scope for Revised Estimates, which ...

The FM has retained the effective tax rate of most products to the pre-budget rates by balancing through the AIDCess, notes ...

The government's indirect tax collection is expected to increase by 8.3 pc in the financial year 2025-26 (FY26), according to ...