India's tourism and hospitality industry is set for a strong upswing, driven primarily by rising disposable incomes within the country's expanding middle class, according to a report by B&K Securities.
Lok Sabha Speaker Om Birla on Thursday observed that reforms in direct and indirect taxes, along with the "One Nation, One Tax" GST framework, have made the nation's tax structure simpler and more transparent, contributing to India's growth and prosperity.
The Central Board of Direct Taxes (CBDT) on Thursday announced the launch of the second phase of its NUDGE initiative, aimed at strengthening voluntary compliance in the reporting of foreign assets and income
The Central Board of Direct Taxes (CBDT) on Thursday announced the launch of the second phase of its NUDGE initiative aimed at strengthening voluntary compliance in reporting foreign assets and income.
The domestic demand has remained steady even after the festive season, indicating a positive consumption trajectory for the economy, according to a report by Prabhudas Lilladher, a financial service firm.
The Central Bureau of Investigation (CBI), based on source information, busted a criminal network. The authorities have arrested Rajendra Sisodia, Advocate, Income Tax Appellate Tribunal (ITAT), Dr. S. Seethalakshmi, Judicial Member, ITAT, and an appellant, Mujmmel.
Ahmedabad (Gujarat) [India], November 26: Cygnet.One today announced the launch of TaxAssurance, a unique solution designed to help enterprises bring predictability and confidence to tax management. TaxAssurance is a proactive tool to reduce tax risks, bridging the gap between compliance, fi
The International Monetary Fund (IMF) has issued a stern critique of Pakistan's fiscal governance, highlighting chronic weaknesses in financial management, accountability, and transparency. Despite operating under its 24th IMF programme alongside the Ministry of Finance (MoF), the Fund expre
Officer Trainees of Indian Revenue Service (Customs and Indirect Taxes) (76th batch) called on the President Droupadi Murmu at Rashtrapati Bhavan on Tuesday.
The new Income Tax Act is expected to expand India's tax base by making compliance simpler and more accessible for individuals, institutions and exempt entities, Debjyoti Das, Principal Chief Commissioner of Income Tax (Exemption) told ANI today.
The Supreme Court on Monday sought the response of the Central government and the Election Commission of India (ECI) on a public interest litigation (PIL) plea that sought directions mandating all political parties in India to disclose details of any amount of political funding received b
The recent Goods and Services Tax (GST) cuts have given a fillip to unit sales across vehicle categories, particularly cars, and this momentum is likely to continue with a steady growth of 16-17% over this fiscal and the next.