New Delhi, Feb. 9 -- The Income Tax department may soon start drilling into goods and services tax (GST) data in an effort to widen India's direct tax base and improve compliance, two people familiar ... Read More
New Delhi, Feb. 8 -- Cybersecurity breaches, geopolitical uncertainty and climate-related events have emerged as the most critical risks for Indian companies as businesses grapple with a complex mix o... Read More
New Delhi, Feb. 7 -- The Income Tax department on Saturday sought public feedback on a set of draft rules under the Income Tax Act, 2025 aimed at making the filing of taxes simpler. The new tax law c... Read More
New Delhi, Feb. 5 -- India's long-awaited overhaul of its direct tax regime has effectively arrived in stages, combining the simplified Income Tax Act enacted last year with a toned-down penalty and a... Read More
New Delhi, Feb. 3 -- The moderation in customs duty revenue growth projected for fiscal year 2027 (FY27) in the Union budget is due to lowering customs duty on raw materials and inputs to make Indian ... Read More
New Delhi, Feb. 3 -- The moderation in customs duty revenue growth projected for fiscal year 2027 (FY27) in the Union budget is due to lowering customs duty on raw materials and inputs to make Indian ... Read More
New Delhi, Feb. 2 -- The fiscal year 2027 (FY27) Union budget signals a broader reset in India's tax policy, combining efforts to reduce disputes and ease compliance for domestic taxpayers with target... Read More
New Delhi, Feb. 2 -- India's Union budget for FY27 marks a clear shift in the Centre's fiscal framework, with the government formally moving from a focus on annual fiscal deficit reduction to a debt-t... Read More
New Delhi, Feb. 1 -- Finance minister Nirmala Sitharaman said in her Union Budget speech on Sunday that the government would maintain its reform momentum to support India's economic ascent to a develo... Read More
NEW DELHI, Feb. 1 -- The Union Budget for 2026-27 has proposed to retain the states' share in the central government's divisible pool of taxes at 41% for the five-year period starting FY27, in line wi... Read More