Sanjay Kumar Agarwal, CBIC discusses how the reforms announced in the Budget 2025 will boost trade while ensuring strong anti ...

Broadly, there are two categories of taxes: direct and indirect. Direct taxes are progressive levies, including income tax, ...

CBIC Chairman Sanjay Agarwal predicts no US tariff increase on Indian exports, focusing on Agriculture Infrastructure ...

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

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

In the post-LDC era, Bangladesh must shift away from indirect taxes, streamline tax policies, and ensure a level playing field for both local and foreign businesses to create a sustainable economy ...

India will continue to bring down tariffs and phase out additional levies on imports as domestic manufacturing improves, a ...

CBIC Chairman Sanjay Kumar Agarwal highlighted that efforts on steel imports focus on targeted measures such as anti-dumping ...

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...

India will focus on boosting the spending power of its middle class population, encouraging inclusive development and private ...

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 ...