Overall, the Government of India needs to seize the opportunity presented by the Union Budget 2025-26 to articulate its long-term economic vision, rather than getting distracted by short-term trends.

The Central Board of Indirect Taxes and Customs (CBIC) announced a waiver of late fees for delayed filings of reconciliation ...

Discover the stark differences between tax-free countries like the UAE and Kuwait, where citizens enjoy zero income taxes, ...

The budget aims to include key sectors under GST, streamline assessment processes, and provide clarity on plant and machinery ...

Commerce Adviser Sk Bashir Uddin today defended the interim government’s recent move to increase Value Added Tax (VAT) saying ...

Commerce Adviser Sk. Bashir Uddin today (18 January) defended the interim government's recent move to increase value added tax (VAT) saying that indirect taxes are critically important for an ...

We believe that if the government reconsiders its development budget and removes unnecessary and financially unfeasible projects, about 20% of spending can be reduced, which could save nearly Tk60,000 ...

CBIC has been taking steps to digitise the compliance processes such as broad-basing e-invoicing and Invoice Management ...

A personal income tax cut would benefit only a small fraction of the population, as the vast majority do not pay income tax.

The recent decisions of the interim government—tax hikes and the suspension of the TCB truck sale programme—clearly reflect ...

Finance Minister Nirmala Sitharaman faces significant challenges as she prepares to present the Union Budget in just over three weeks. India Inc has submitted a set of recommendations, emphasising the ...

October 24, 2020, Opinion: "Economists broadly agree that placing a price on carbon, whether through a cap-and-trade program or a tax, is a key element of an economically efficient suite of policies ...