tax simplification News

PM Modi Unveils Bold GST Reforms Plan in High-Stakes Business Summit, Promising Economic Revival

Prime Minister Narendra Modi announced next-generation GST reforms during a high-level meeting, aiming to simplify the tax structure and boost economic activity. A Task Force will ...

India's GST Overhaul: A Game-Changer for MSMEs and Consumers Under PM Modi's Leadership

India's business community welcomes PM Modi's GST overhaul, aiming to simplify tax slabs and boost economic growth, benefiting MSMEs and consumers alike.

Revolutionary GST Reforms by PM Modi: A Visionary Leap Towards Simplifying India's Tax System

The Confederation of Indian Industry (CII) has welcomed PM Modi's announcement of GST reforms, calling it a visionary step towards simplifying India's tax system. These reforms aim...

GST Overhaul: India Proposes Simplified Tax Slabs with 5% and 18% Rates, Sin Goods Hit with 40% Levy

The Indian government proposes a simplified GST structure with two main slabs of 5% and 18%, aiming to eliminate the current 12% and 28% rates. Sin goods will be taxed at 40%, whil...

Breaking: Indian Government to Table Revised Income Tax Bill in Parliament This Monday

The Indian government will introduce a revised Income Tax bill on Monday, incorporating parliamentary committee recommendations to simplify and modernize tax laws, replacing the 19...

Exploring the New Income Tax Bill 2025: Key Changes and What They Mean for You

The New Income Tax Bill 2025 aims to overhaul the current tax system with a focus on simplification, reducing litigation, and eliminating redundant provisions. Key changes include ...