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Govt proposes IBC overhaul, shift of power from courtrooms to boardrooms

New Delhi, Aug. 12 -- New Delhi: India's bankruptcy playbook is set for its biggest rewrite since the Insolvency and Bankruptcy Code (IBC) came into force in 2016. The IBC (Amendment) Bill 2025 - tabl... Read More


Lok Sabha clears revised income tax bill, grants UPS tax parity with NPS

New Delhi, Aug. 11 -- The Centre's ambition to replace the over six-decade-old income tax law with a simplified legislation reached a step closer to reality, with the Lok Sabha on Monday approving a r... Read More


Lok Sabha approves new tax bill with UPS relief, corporate dividend deduction

New Delhi, Aug. 11 -- The Lok Sabha approved on Monday a revised version of the Income Tax Bill 2025, which restored several taxpayer-friendly provisions from the existing law that were erroneously dr... Read More


DGGI shifts gears to hunt big-ticket tax evasions

New Delhi, Aug. 11 -- India's apex goods and services tax (GST) enforcement agency has a new priority: chasing deliberate and high-impact tax evasion and fraud over technical disputes. The Directorate... Read More


DGGI shifts gears to hunt big-ticket tax evasions

New Delhi, Aug. 11 -- India's apex goods and services tax (GST) enforcement agency has a new priority: chasing deliberate and high-impact tax evasion and fraud over technical disputes. The Directorate... Read More


DGGI shifts gears to hunt big-ticket tax evasions

New Delhi, Aug. 11 -- India's apex goods and services tax (GST) enforcement agency has a new priority: chasing deliberate and high-impact tax evasion and fraud over technical disputes. The Directorate... Read More


Govt plans changes to bankruptcy code to resolve clashes with money-laundering law

New Delhi, Aug. 11 -- The Indian government is preparing amendments to the Insolvency and Bankruptcy Code (IBC) to streamline its interplay with the Prevention of Money Laundering Act (PMLA) after ass... Read More


India's tax enforcer shift gears to hunt big-ticket fraud, spare the small fry

New Delhi, Aug. 10 -- India's apex goods and services tax (GST) enforcement agency has a new priority: chasing deliberate and high-impact tax evasion and fraud over technical disputes. The Directorat... Read More


Modi, Putin vow to deepen bilateral partnership defying Trump tariffs

New Delhi, Aug. 8 -- Prime Minister Narendra Modi and Russian President Vladimir Putin reaffirmed their commitment to further deepening bilateral ties between India and Russia. The two leaders agreed... Read More


Cabinet clears revised Income Tax Bill; to be tabled in Lok Sabha on Monday

New Delhi, Aug. 8 -- The Union cabinet on Friday approved the revised Income Tax Bill, 2025, which simplifies India's six-decade-old direct tax law, said two persons familiar with the development. Th... Read More