India’s government plans to simplify its income tax filing rules to make it less tedious for taxpayers to comply with the law ...

About 11.4 per cent of India’s total wealth was in the hands of the people in the bottom 50 per cent bracket in the year 1961 ...

EY India suggests tax relief measures, simplified compliance, dispute resolution, and clear cryptocurrency taxation guidelines for Budget 2025.

The Indian union budget is a financial statement released by the government that accounts for its expenses in one fiscal year. The Budget document gives a complete understanding of the government's ...

Jitendra Jain, Partner, Price Waterhouse & Co LLP noted that Indian multinational enterprises are keenly awaiting clarity on ...

Finance Minister Nirmala Sitharaman faces significant challenges as she prepares to present the Union Budget in just over ...

India currently offers two tax regimes: the old regime with higher tax rates and more exemptions, and the new regime with ...

Complex GST classifications for auto components remain a significant hurdle for manufacturers. A streamlined nomenclature ...

The EV sector is poised for significant growth, with Union Minister Nitin Gadkari projecting the market's value to reach Rs ...

Budget 2025 may bring significant tax relief for individuals earning up to Rs 15 lakh as the Direct Tax Code 2025 aims to simplify income tax laws, reduce compliance burdens and align tax regulations ...

Experts are foreseeing a spectrum of proposals, from potential tax rate reductions to a complete overhaul of the taxation ...

The fiscal glide path is the government’s plan to gradually reduce the fiscal deficit over time. The idea is to get the deficit under control to avoid harming the economy in the future.