Search For "tax structure"
56th GST Council meeting begins at New Delhi; rate rationalisation on agen
Updated : 5 months, 1 week ago IST
The two-day meeting, being held on September 3 and 4, is expected to bring significant changes to India's indirect tax structure, with discussions centred around rationalising and reducing the number of GST slabs.
Read More
Silver linings in Indian economy can offset impact of US tariffs: CEA Nage
Updated : 5 months, 1 week ago IST
He backed his argument by stating that the measures taken by the government, such as direct tax cuts, forthcoming GST tax structure reforms, and the employment-linked incentives, among others, are supportive of the overall economy.
Read More
Centre proposes scrapping of 12% and 28% GST slabs, most items to move to
Updated : 7 months ago IST
In a path-breaking initiative relating to the Goods and Services Tax structure, the Central Government has proposed to scrap the current slab of 12 per cent and 28 per cent of GST rates and keep only 5 per cent and 18 per cent GST rates, government sources said on Friday.
Read More
New tax structure to benefit 5.65 cr taxpayers, will collectively save aro
Updated : 1 year, 1 month ago IST
The new tax structure announced in the Union Budget 2025-26 is expected to benefit around 5.65 crore taxpayers who fall under the income slab of Rs 4 lakh and above.
Read More
Salaried class likely to get some relief from Finance Minister Nirmala Sit
Updated : 1 year, 1 month ago IST
The current tax structure, with a basic exemption limit of Rs3,00,000 under the new tax regime, has drawn criticism for being outdated in the face of escalating living costs.
Read More
Removal of indexation benefit in real estate will deter sellers in the sec
Updated : 1 year, 7 months ago IST
The real estate sector has cautioned the government that the proposal to remove indexation benefits for long-term capital gains in real estate will hurt the growth of the sector.
Read More
Finance Minister Nirmala Sitharaman reaches Ministry ahead of Union Budget
Updated : 1 year, 7 months ago IST
Minister Sitharaman is set to present the Union Budget 2024 in Parliament today, marking her seventh consecutive budget and eclipsing the late Moraji Desai's record of six consecutive budgets, which is likely to focus on changes in the income tax structure and improving the ease of doing
Read More
FM Nirmala Sitharaman set to present Modi 3.0 govt's first budget today
Updated : 1 year, 7 months ago IST
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024 in Parliament today, marking her seventh consecutive budget and eclipsing the late Moraji Desai's record of six consecutive budgets, which is likely to focus on changes in the income tax structure and improving th
Read More
India must continue reforms, strive to create industrial revolution: Gurch
Updated : 1 year, 11 months ago IST
Emphasising the importance of keeping up the reforms momentum, noted author and economist Gurcharan Das has praised the central government for reforms such as the Goods and Services Tax (GST), which gave the country a unified tax structure, and the production-linked incentive or PLI scheme f
Read More
Full budget to look at any change in customs duty, Rs 1.83 lakh crore aver
Updated : 2 years, 1 month ago IST
Emphasising "certainty and stability" in the tax structure, Revenue Secretary Sanjay Malhotra has said that any change in customs duty can be looked at in the full budget to be presented after the Lok Sabha polls and that the government is aiming Rs 1.83 lakh crore GST collection per mont
Read More
Investors Dialogue explores financing sustainable cities of tomorrow
Updated : 2 years, 8 months ago IST
With a focus on ease of doing business, competitive tax structures, and trusted business regulations, GIFT International financial Services Centre (IFSC) has already attracted over 400 entities from various business segments including banking, capital markets, insurance, and fintech.
Read More
Budget 2023: Income tax rebate limit increased, no tax on income up to Rs
Updated : 3 years, 1 month ago IST
In her Budget speech finance minister Nirmala Sitharaman also proposed to change the tax structure in this regime by reducing the number of slabs to 5 and increasing the tax exemption limit to Rs 3 lakh.
Read More