India is revolutionizing its tax system with digital reforms, aiming for an AI-driven future. Despite facing challenges, the country's initiatives like the Faceless Assessment Sche...
The Income Tax department is drafting new rules under the proposed Income Tax Bill, 2025, focusing on clarity and taxpayer convenience. CBDT Chairman Ravi Agarwal highlights the us...
India's GST revenue collection saw a significant 9.9% year-over-year increase in March 2025, reaching Rs 1.96 lakh crore, reflecting economic stability and strong tax compliance. T...
Life Insurance Corporation of India (LIC) has been issued a GST demand notice of Rs 479.9 crore for the fiscal year 2020-21 by the Mumbai deputy commissioner of state tax, highligh...
Assocham recommends reducing personal income tax rates in the 2025 Budget to improve compliance, highlighting the significant gap between individual and corporate tax rates and the...
