Rationalisation of GST rates priority for govt: Revenue Secretary Tarun Bajaj

Jul 05, 2022

New Delhi [India], July 5 : Simplification of Goods and Services Tax (GST) law, rationalisation of rates, and removal of tax inversion are among...

Budget 2026: Customs duty rationalised on key items with focus on domestic manufacturing, Ease of Living

Feb 01, 2026

Presenting the Budget, Finance Minister Nirmala Sitharaman announced a set of indirect tax measures in the Union Budget 2026-27, aimed at further simplifying the...

US tariffs have "no influence" on customs duty overhaul announced in Budget: Sitharaman

Feb 02, 2026

Notably, the Finance Minister in her budget speech had announced the proposals for deduction in Customs and Central Excise for certain products which she...

Taxpayers aged between 18 to 35 years filed 2,09,06,829 ITRs till Jan 31: Centre

Feb 07, 2023

As per Income-tax Act, 1961, tax is calculated and collected based on total income returned in Income tax Returns (ITR).

Personal income tax collection overtakes corporate tax: Report

Aug 27, 2025

Personal income tax collections have surpassed corporate taxes for the first time in India's history, signalling a structural shift in the country's direct tax...

Deloitte India launches AI-Powered tax research platform 'Tax Pragya'

Dec 10, 2025

Deloitte Touche Tohmatsu India LLP has introduced Tax Pragya™, an artificial intelligence powered tax research platform designed to help professionals navigate India's increasingly complex...