The Union Budget 2025-26 introduces several amendments to indirect taxes, covering GST and customs. In GST, changes include allowing Input Service Distributors to distribute input tax credit for inter ...

The Finance Bill 2025 proposes the removal of Tax Collection at Source (TCS) under Section 206C(1H) of the Income-tax Act from April 1, 2025. Currently, sellers collecting payments exceeding ₹50 lakh ...

Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

Relief for foreign investors as TCS provision on sale of goods scrapped, reducing transaction costs for cross-border ...

The Union Budget 2025-26 reaffirms India as an innovation and knowledge-centric economy with a slew of reforms across ...

The National Pension System (NPS) Vatsalya Scheme was officially launched on September 18, 2024. While Budget 2025 did not ...

BENGALURU: In a significant step to simplify the tax regime and also to reduce the compliance burden, the government has ...

This revision is expected to bring relief to those making smaller foreign transactions, particularly for education, travel, medical expenses, and investments. However, for remittances exceeding ₹10 ...

Finance Minister Niramala Sitharaman announced the rationalization of TDS and TCS. She raised the limit for tax deduction on interest for senior citizens to be doubled from Rs 50,000 to Rs 1 lakh. --- ...

Budget 2025 prioritised three key areas: reviving consumption amid a notable slowdown, keeping inflation in check through a ...

Services spending generally seems to follow the big-tech capex cycle, just like during the cloud adoption phase, said MOFSL, ...

Samskriti Konduru, an eighth-grade student from Hyderabad Public School, has emerged as the winner in the ‘Communication ...