tax rationalization News

Major GST Overhaul: Discover Which Products Get Cheaper and Which Face Higher Taxes

India's GST Council introduces simplified two-rate tax structure (5% and 18%) effective September 22. Major winners include automobiles, consumer goods, and essential items with re...

Union Budget 2025: A Call for Fair Surcharge Rates on Salaried Individuals

As the Union Budget 2025 approaches, Assocham advocates for rationalizing surcharge rates on salaried individuals to ensure fairness with professionals, proposing a 50% increase in...