A decline in the Goods and Services Tax (GST) rate has a higher multiplier effect of 1.08x compared with direct taxes, according to a report by Ambit Capital.
Personal income tax collections have surpassed corporate taxes for the first time in India's history, signalling a structural shift in the country's direct tax architecture driven by formalisation, digitisation and stronger compliance, according to a report by JM Financial Institutional Secu
The Reserve Bank of India (RBI) has begun the September 2025 round of its Urban Consumer Confidence Survey (UCCS) and Rural Consumer Confidence Survey (RCCS), inviting households across the country to share their views on the economy, jobs, income, prices, and spending. These surveys provide
Mumbai (Maharashtra) [India], August 25: Kotak Mahindra Life Insurance Company Ltd ('Kotak Life') is proud to announce that its innovative product, Kotak Gen2Gen Income, has been recognised with the prestigious 'Product of the Year 2025' award in the 'Life Insurance - Savings Plan' category.
The new Income Tax Act has been formulated using simple language to eliminate complicated legal challenges and make tax provisions more accessible to common taxpayers, according to RN Parbat, Member (Legislation) at the Central Board of Direct Taxes (CBDT).
India's household savings are expected to generate cumulative inflows of around USD 9.5 trillion into financial assets over the next ten years, according to a report by Goldman Sachs.
Key goals include strengthening the economy, increasing per capita income, boosting GDP, achieving 100% renewable energy use, attaining 100% literacy, promoting women's empowerment, and expanding international trade.
New Delhi [India], August 22: Aadhar Housing Finance Limited (AHFL), one of India's largest housing finance companies focused on serving low- and middle-income families, has delivered exceptional growth over the past two fiscal years, fueled by digital transformation, rigorous credit discipl
Mumbai (Maharashtra) [India], August 22: TaxBuddy, India's most trusted tax filing platform, has announced the launch of the country's first AI-powered tax filing system, a move set to change the way millions of Indians file their income tax returns. With this new platform, taxpayers can now
New Delhi [India], August 21: Buying a home can be a big step, and planning ahead makes a lot of difference. Exploring your eligibility is one way to assess where you stand. With a home loan eligibility calculator, you can get a clear estimate of how much you may be able to borrow--based on
Korean banks' combined net profit jumped more than 18 per cent from a year earlier in the first half of the year on a sharp rise in non-interest income that more than offset a slight drop in interest income, data showed Thursday.