Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax ...

Finance Minister Nirmala Sitharaman is expected to table the New Income Tax Bill in Parliament on Tuesday. Approved by the ...

The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...

The main goal of the new bill is to streamline the existing Income Tax laws, making them more transparent and concise to ...

India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 97.5% income tax rate to promote economic equality. This policy led to ...

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

The government has been talking about simplifying the tax structure to make it easier for taxpayers. Eliminating the 30% tax ...

Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...

In her eighth budget, the finance minister raised the tax exemption limit to Rs 12 lakh a year from Rs 7 lakh and also ...

India’s tax rates aren’t necessarily among the highest in the world. Here’s why. India’s seemingly high income tax rates are softer than that of several advanced economies, allowing for a ...

India has significantly slashed customs duties ... The Central Board of Indirect Taxes and Customs (CBIC) has said that import of mobile phone display assembly, which are fitted with items like ...

India’s 2025 budget cuts taxes to boost spending, but can it offset slowing growth amid inflation, weak demand, and global ...