At the core of the reform is a zero personal income tax liability for individuals earning up to Rs 12 lakh, with the ...

Recent tax policy reforms, including the restructuring of personal income tax and the rationalisation of the Goods and ...

India's government has finalized key direct tax reforms to boost investment and simplify compliance. Measures include ...

As Budget 2026 approaches, targeted reforms can significantly reinforce India’s commitment for a stable and business-friendly tax regime.

As Budget 2026 approaches, industry voices are urging the government to focus on smoother implementation of the New Income Tax Act, 2025, backed by clear guidelines to reduce disputes and litigation.

A national task force on tax reforms has recommended that the government introduce a single rate of value-added tax (VAT), doing away with multiple rates of the indirect tax paid by final consumers.

Corporate tax rationalisation, faceless assessment, and technology-led compliance have expanded the tax base and reduced ...