In a significant simplification in the GST regime, which will benefit the common man, Finance Minister Nirmala Sitharaman on Wednesday announced consolidation of 12% and 18% slabs into a dual rate structure of 5% and 18% besides 40% for sin goods.
Union Minister of State for Home Affairs Bandi Kumar Sanjay, in a review meeting held on Wednesday with senior officials of the Foreigners Division, discussed policies on visa simplification, modernisation of immigration check posts and other related matters.
BJP Member of Parliament and Chairman of the Finance Select Committee, Baijayant Jay Panda on Tuesday reflected upon the ongoing simplification of India's tax laws, stated that the newly proposed Income Tax Bill aims to make compliance easier for taxpayers without altering tax policies or ra
Uttarakhand Chief Minister Pushkar Singh Dhami on Friday advised the government employees to work with sensitivity, responsibility, full dedication and simplification in the interest of the common people.
Referring to legal reforms in India, Birla noted that for the first time in India, an effort has been made to change colonial laws, repeal redundant laws, and make new laws that are in sync with the hopes and aspirations of the people of New India.
Emphasis on fiscal consolidation, tax system simplification, and investment-driven growth, in the Budget 2025 will lay a solid foundation for sustained economic development in India, asserted global consulting and professional services firm Ernst & Young India.
In conformity with the Finance Minister's budget announcement on simplification and rationalization of compounding procedure, The Central Board of Direct Taxes (CBTD) issued Revised Guidelines for Compounding of offences under the Income-tax Act, 1961 on Thursday.
New Delhi [India], September 11: HROne, a prominent name in HRTech industry, announced its Pre-Series B funding round of USD 4 million (Rs 33 crores) today, led by current investors Insitor Partners and Prudent Investment Managers. This funding is a crucial milestone in HROne's journey, exhi
The Lok Sabha has begun discussion on the Finance Bill after the Appropriation Bill for the central government's expenditure for 2024-25 was passed by the House on Monday.
Subhrakant Panda, Immediate Past President of FICCI, stated, "Simplification of capital gains tax was on our agenda, and the government is actively considering it. While the direction is yet to be determined, it remains a significant focus."
Mumbai (Maharashtra) [India], May 9: Kotak General Insurance, an insurance provider in India highlights its efficient way of car insurance claim process, aimed at delivering faster and more efficient service to its customers. The streamlined claims process ensures prompt settlement and hassl