New tax proposal without indexation for real estate is beneficial in most cases: IT Department

Jul 24, 2024

In a social media post on "X" the income tax department says the proposed new tax rate without indexation is beneficial in most cases.

GST has reduced rate at which people have to pay tax: Nirmala Sitharaman

Jun 30, 2021

New Delhi [India], June 30 : Union Finance Minister Nirmala Sitharaman on Wednesday said that the Goods and Services Tax (GST) has reduced the...

GST Council cuts tax rate on Covid essentials

Jun 12, 2021

New Delhi [India], June 12 : Union Finance Minister Nirmala Sitharaman said on Saturday that recommendations of Group of Ministers (GoM) set up to...

G20 approves global corporate tax rate of at least 15 pc

Jul 11, 2021

Venice [Italy], July 11 : G20 Finance Ministers on Saturday approved a tax reform for multinationals that aims to put an end to tax...

GST Council defers rate hike on textiles

Dec 31, 2021

New Delhi [India], December 31 : The Goods and Services Tax (GST) Council on Friday decided to defer the tax rate hike on textiles...

Canada unveils tax relief for middle class, reduces income tax rate to 14% starting July 2025

May 14, 2025

Following the unveiling of a new cabinet, Canada has announced a significant personal income tax cut as one of the government's top legislative priorities...