Rajya Sabha on Monday took up discussion on the Union Budget with senior Congress leader and former Finance Minister P ...

Showing the GST separately made sense on its launch in 1991 because of the need to be transparent with a new tax measure that ...

While the Centre is keen on doing away with the 12% GST slab, states on the rate rationalisation panel have, so far, only ...

Gujarat, Haryana and Odisha joined Kerala and Tamil Nadu in asking the Finance Commission for a 50 percent devolution in ...

Budget 2025 aims to unlock India's potential for development by 2047, with reforms for ease of doing business and tax ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

Former chief secretary and ex-chairman of the Second Karnataka Administrative Reforms Commission TM Vijay Bhaskar spoke to ...

Srinivas KamatThe Income Tax review of slab rates and the exemption from Income Tax for those earning up to Rs. 12.65 lakhs per annum in the 2025 Budget is bein ...

The need of the hour is to expand the tax base because in a country of 140 crore, 3 crore is already abysmally low and it ...

The MLI deals with income taxation, which is referred to as direct taxation. On top of that, most countries have indirect ...

Also, while just 32 million taxpayers are the beneficiaries of the I-T concessions, reduction in GST rates is bound to impact almost the entire population. It would also help keep inflation in check ...

The GoM had also suggested lowering the GST rate on all individual health insurance policies to 5%, without the option of ITC ...