tax simplification

GST reform: Industry hails slab cut plan; experts see relief for MSMEs, consumers

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Indian business circles are happy with Prime Minister Narendra Modi’s plan to change the Goods and Services Tax. The government plans to simplify GST by ...

GST reforms: CII hails PM Modi’s move; calls it a ‘visionary’ step for businesses

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The Confederation of Indian Industry (CII) has lauded Prime Minister Modi’s announcement of next-generation GST reforms, envisioning a simpler, more transparent tax regime. A high-powered ...

Big GST cheer for common man! Two-slab tax structure to replace 5-28% rates; Finance ministry shares important details

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Prime Minister Modi announced upcoming GST reforms aimed at easing the burden on citizens, farmers, and MSMEs. The proposed changes include a simplified two-slab structure ...

‘Enforcement with empathy’: Income tax department working on rules, forms for new tax bill, says CBDT chief

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The Income Tax Department is developing rules for the upcoming Income Tax Bill, 2025. CBDT Chairman, Ravi Agarwal, announced this at the 166th Income Tax ...

Simplify processes, speed up refunds, Finance minister Sitharaman tells tax officials

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Taxing Times Made Easier: A New Era for Indian Taxpayers? Let’s face it: taxes aren’t exactly anyone’s favorite topic. The paperwork, the regulations, the sheer ...