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

Indirect taxes are effectively a charge, levy or duty that you pay when you purchase certain items or services. You pay ...

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

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 ...

FM Sitharaman's speech last Budget hinted at this new tax law when she said the goal was to simplify the income tax laws and ...

As India gears up to claim the 4th spot among the world's largest economies by 2025, there is a pressing need to refine its ...

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

DIRECTORATE OF LEGAL AFFAIRS CENTRAL BOARD OF INDIRECT TAXES & CUSTOMS V.K. KRISHNA MENON BHAWAN 9, BHAGWAN DAS ROAD, NEW ...

For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to ...

From a GST standpoint, we need to bear in mind that changes to the GST legislation require approval of the GST Council, ...

Finance Minister Nirmala Sitharaman to introduce new income tax bill, detailing tax reforms and commitment to taxpayers in ...