In the Safari Retreats case, the Supreme Court’s interpretation of GST law on provision of input credit was welcomed by industry. GST Council in its December meeting recommended a retrospective ...

This proposed change would simplify the taxation process for international semiconductor companies, a senior government ...

Finance Minister Nirmala Sitharaman is under pressure to reduce income tax rates for individuals earning up to Rs 15 lakh ...

Friday’s Mega Millions drawing is worth an estimated $1.15 billion, evoking headlines and likely luring more people to ...

ITAT Mumbai held that disallowance of entire expenses alleging that assessee has not started its business activity till date ...

According to two government sources, the potential tax cut would be aimed at providing relief to millions of taxpayers, particularly city dwellers ...

As per the Reuters report, the government may announce tax relief for taxpayers in the budget to be presented on February 1, ...

Sources reveal that this move aims to provide relief to the middle class and stimulate consumption in response to the country ...

Under this regime, income above ₹10 lakh is taxed at 30%. NTR, introduced in 2020, comes with lower tax rates but doesn't ...

July 2024 steps will shape tax deductions and exemptions that can be claimed when filing an Income Tax Return (ITR) in July ...

If he is regarded as a Yashashvi—a successful and virtuous leader—it is because he has gone above and beyond the call of duty ...

The middle class appreciated Dr. Manmohan Singh’s style of politics since he was largely free from all ideological hues and ...