Rationalising Taxes
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World Bank Raises India's GDP Growth Estimate To 6.6%, Flags Iran War Risks
Private consumption growth was particularly robust, supported by low inflation and rationalisation of the Goods and Services Tax.
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Budget 2026 Proposes To Rationalise Prosecution Framework In Income Tax Act
At the centre of the overhaul is a onetime, sixmonth foreign asset disclosure window targeted at small taxpayers, including students, NRIs and young professionals who may have inadvertently missed reporting overseas holdings.
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India Revamps Tax Regime In 2025, New Act Comes Into Effect From April 1
India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax exemption limit, with the spotlight now turning to customs duty rationalisation and procedural simplification in the coming Budget.
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GST Collections Rise 4.6% To Rs 1.96 Lakh Crore In October
Despite rate rationalisation, the Goods and Services Tax (GST) collections rose 4.6 per cent (year-on-year) in the festive month of October at about Rs 1.96 lakh crore, the official data showed on Saturday.
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In Arunachal Pradesh, PM Modi's Message On Swadeshi, GST
Prime Minister Narendra Modi interacted with traders and merchants of Arunachal Pradesh as the rationalized Goods and Services Tax came into effect across the country today.
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Piyush Goyal Urges Industry To Pass On GST 2.0 Benefits To Consumers
Union Commerce and Industry Minister Piyush Goyal has urged industries to make sure they pass on complete GST rate rationalisation benefits to consumers, as India's indirect tax structure is set to undergo a massive transformation from September 22.
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Can Liquor Come Under GST? What Nirmala Sitharaman Told NDTV
Including liquor for human consumption within the GST ambit - as opposed to it being covered by state excise duties and Value Added Tax - is "entirely dependent" on decisions taken by individual states, Finance Minister Nirmala Sitharaman said.
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"Can Be A Positive Surprise": Chief Economic Advisor On GST Rationalisation
The GST 2.0 - as the rationalisation of Goods and Services Tax has been dubbed -- could offset the effects of the 50 per cent US tariff on exporters.
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GST Reforms Were In Making For 1.5 Years: Nirmala Sitharaman At GST Conclave
Reduction and rationalisation of Goods and Services Tax slabs - reducing them to two, and exempting certain items, including premiums for health and life insurance - were 18 months in the making, Finance Minister Nirmala Sitharaman told NDTV.
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Opinion | Next-Generation GST: A Reform That Places The Middle Class At The Centre
By ensuring both direct tax relief and rationalised indirect taxes, the government has empowered the common citizen to save more, spend more, and aspire more.
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World Bank Raises India's GDP Growth Estimate To 6.6%, Flags Iran War Risks
Private consumption growth was particularly robust, supported by low inflation and rationalisation of the Goods and Services Tax.
-
Budget 2026 Proposes To Rationalise Prosecution Framework In Income Tax Act
At the centre of the overhaul is a onetime, sixmonth foreign asset disclosure window targeted at small taxpayers, including students, NRIs and young professionals who may have inadvertently missed reporting overseas holdings.
-
India Revamps Tax Regime In 2025, New Act Comes Into Effect From April 1
India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax exemption limit, with the spotlight now turning to customs duty rationalisation and procedural simplification in the coming Budget.
-
GST Collections Rise 4.6% To Rs 1.96 Lakh Crore In October
Despite rate rationalisation, the Goods and Services Tax (GST) collections rose 4.6 per cent (year-on-year) in the festive month of October at about Rs 1.96 lakh crore, the official data showed on Saturday.
-
In Arunachal Pradesh, PM Modi's Message On Swadeshi, GST
Prime Minister Narendra Modi interacted with traders and merchants of Arunachal Pradesh as the rationalized Goods and Services Tax came into effect across the country today.
-
Piyush Goyal Urges Industry To Pass On GST 2.0 Benefits To Consumers
Union Commerce and Industry Minister Piyush Goyal has urged industries to make sure they pass on complete GST rate rationalisation benefits to consumers, as India's indirect tax structure is set to undergo a massive transformation from September 22.
-
Can Liquor Come Under GST? What Nirmala Sitharaman Told NDTV
Including liquor for human consumption within the GST ambit - as opposed to it being covered by state excise duties and Value Added Tax - is "entirely dependent" on decisions taken by individual states, Finance Minister Nirmala Sitharaman said.
-
"Can Be A Positive Surprise": Chief Economic Advisor On GST Rationalisation
The GST 2.0 - as the rationalisation of Goods and Services Tax has been dubbed -- could offset the effects of the 50 per cent US tariff on exporters.
-
GST Reforms Were In Making For 1.5 Years: Nirmala Sitharaman At GST Conclave
Reduction and rationalisation of Goods and Services Tax slabs - reducing them to two, and exempting certain items, including premiums for health and life insurance - were 18 months in the making, Finance Minister Nirmala Sitharaman told NDTV.
-
Opinion | Next-Generation GST: A Reform That Places The Middle Class At The Centre
By ensuring both direct tax relief and rationalised indirect taxes, the government has empowered the common citizen to save more, spend more, and aspire more.
