T he Union Budget 2025-26 brought widespread relief to the middle class with Finance Minister Nirmala Sitharaman’s announcement of significant income tax cuts. Individuals earni ...

In terms of GST-specific amendments, Budget 2025 also focused on pre-deposit amounts for GST appeals, reducing penalties for E-way bill violations and introducing a 10% penalty for other infractions.

The former Delhi Chief Minister said that a large portion of the public exchequer is spent on the loan waivers for ...

The government had set up a ministerial panel, the Group of Ministers (GoM), to examine GST rate rationalisation.

Despite announcing that no income tax needs to be paid up to an income of Rs 12 lakh under the new regime, the government is ...

India's consumer spending last year grew by 3.5 per cent from 2023, according to government data. It marked the slowest rate ...

Discussions between Centre and states have taken place to undertake not just GST rate rationalisation but also simplify the ...

The gross GST collection rose 7.3 per cent year-on-year to Rs 1.77 lakh crore in December despite significant increase in both domestic and export refunds.

Long-term Capital Gains (LTCG): 10% tax on profits exceeding ₹1 lakh from equities held over a year. Equity Delivery: 0.1% on ...

Everyone is talking about the budget. But there’s something important outside of it that the government should also think about — GST! GST (Goods and Services Tax) was supposed to make taxes simple.

Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...