The Ministry of Finance recently published an order for public comment on cutting purchase tax on indirectly imported vehicles,…
Tag: Tax
Parliamentary Select Committee presents report on Income Tax Bill 2025 to Lok Sabha
Taking forward the key direct tax reform, the Parliamentary Select Committee on the Income Tax Bill, 2025, presented its report…
New income tax bill cuts half the sections; report with 285 changes to be tabled Monday
A major overhaul of India’s tax law is set to move forward as the report of the parliamentary committee scrutinising…
Struggling economy, outrageous tax system: Startup founder’s warning after weak bank earnings
Indian private banks posting weak results is more than just a sectoral blip — it’s a reflection of economic distress,…
ELSS: Is ELSS losing its appeal in the new tax regime?
Mumbai: Is it the beginning of a slow death for equity-linked savings scheme (ELSS), the once-popular tax-saving offering by mutual…
‘One Big Beautiful Bill’ offers Americans lots of tax benefits. Here are a few to plan for
Tax season isn’t close to opening yet, but now is the time to start planning to take advantage of new…
MTG unveils bill to ax ‘unfair’ tax on homeowners, says it’s a ‘gift’ for the people — here’s Trump’s response
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Subsidies or silent tax? Economist explains how Indian farmers are actually net taxed
Indian farmers are effectively taxed, not subsidised, agriculture economist Dr Ashok Gulati has said, citing international producer support benchmarks and…
How the Trump tax cut law will hurt the working class
Republican Sen. Lisa Murkowski of Alaska said it was “agonizing” to vote for the tax cut bill President Trump signed…
Time taken in processing income tax refunds down to an average 17 days in 2024 from 93 days in 2013
With the income tax filing season underway, taxpayers should take note that the average number of days for processing of…