As the new Income Tax (I-T) Act, 2025 moves towards implementation from April 1, 2026,...

Ahead of the Union Budget 2026-27, Indian business houses have urged the government to...

With the Union Budget three months away, major industry chambers have submitted to the...

The government is finalising a major GST overhaul with automated refunds, pre-filled...

The Federation of Indian Chambers of Commerce and Industry (Ficci) has sought urgent...

Nearly 96 per cent of new applicants will benefit from this simplified approval route.

To turn disruption into opportunity, NITI Aayog has recommended the launch of a...

After issuing notices to hotels across the country for allegedly underpaying goods and...

While the new income tax law replaces the Income Tax Act, 1961 and omits 13 offences,...

'This is not a case of tax evasion but the result of long-standing ambiguities in GST...

The CBDT is investigating Jane Street for possibly misusing the India-Singapore tax...

Recalling or relabelling medicines already in the supply chain before September 22 will...

'In case a particular industry has not passed on the benefits and if we receive...

The contrast with the old Income-Tax Act is stark. The 1961 law ran into 512,000...

'...so cases that arose under the existing Act will be adjudicated under the old...

India's net revenues from the Goods and Services Tax (GST) rose at a three-month high...

'States should be compensated for the revenue loss for at least five years or beyond...

'We want to clear these pending refunds so that no issues arise once the new I-T Act...

'If a charitable or religious trust sells a capital asset -- such as land, buildings,...

'There is no retrospective changing of the law, only its simplification.'