Tax
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Business
Govt Plans GST Overhaul: Only 5% and 18% Slabs, 40% for Luxury & Sin Goods
The central government has proposed just two tax rates of 5 per cent and 18 per cent in the revamped…
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Telangana
Telangana CM asks officials to check GST evasion
Telangana Chief Minister A Revanth Reddy has directed officials to take steps to check evasion of GST by those who…
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Banking & Finance
Missed Your ITR Deadline? Here’s How ITR-U Can Help and What It Will Cost You
In a major relief for taxpayers, the Income Tax Department has launched a new version of the ITR-U form, extending…
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India
Tax Deadline Alert! Pay Your Last Advance Tax Instalment on or Before This Due Date to Avoid Penalties
The last installment of Advance Tax for the financial year 2024-25 is due by March 15, 2025. The Income Tax…
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India
Centre Likely to Cut States’ Tax Revenue Share, – What Could Be the Impact?
This proposal will be presented to the Finance Commission of India, according to a report by news agency Reuters, quoting…
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Pan India
Direct and Indirect Taxes Contribute 66 Paise of Every Rupee in Government’s Revenue: Union Budget 2025-26
As per the Union Budget 2025-26 documents, direct and indirect taxes will account for the lion's share of the government's…
