New Delhi, Feb 1 (PTI) For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and ...

The Union Budget, which focused on economic expansion, infrastructure development, MSMEs, futuristic cities, and middle-class ...

Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...

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 ...

On February 1, 2025, the Union finance minister submitted her submissions on revised Procedures, amendment of Sections, Tax proposals (both Direct and Indirect), etc. There was also the announcement ...

Broadly, there are two categories of taxes: direct and indirect. Direct taxes are progressive levies, including income tax, ...

Finance Minister Sitharaman announced that “there will be no income tax payable up to income of Rs 12 lakh under the new ...

MUMBAI: Of every rupee in the government coffers, the biggest pie--of 66 paise-- comes from direct and indirect taxes, ...

Finance Minister Nirmala Sitharaman to introduce new income tax bill, detailing tax reforms and commitment to taxpayers in ...