At present, India’s income tax system is entirely based on individual taxation, wherein each taxpayer is entitled to a separate basic exemption limit and ...

Riding the storm

In India, the evolution of indirect taxation reached a historic milestone with the implementation of the Goods and Services ...
As the central government prepares for the upcoming Union Budget 2026, financial experts are shifting their focus toward ...
Finance Minister Lekey Dorji said that 1,522 commodities previously taxed at 10 percent BST should see noticeable price reductions under GST. These include footwear, clothing and textiles, televisions ...
Before deciding if GST will even be part of tax changes, the States needs to decide what it will look like. Under the proposals, there would be changes to income tax with the standard rate falling to ...
The court held that Section 74 cannot be used unless fraud, wilful misstatement, or suppression with intent to evade tax is specifically alleged and proved. In the absence of these ingredients, the ...
Are you considering selling to the Government of Canada? Join a representative from Procurement Assistance Canada to learn about the federal procurement process to help you decide if you want to ...
Opposing the Delhi High Court’s intervention in a PIL seeking GST reduction on air purifiers from 18% to 5% by classifying them as medical devices, the Centre said Friday that any judicial direction ...
The Centre on Friday opposed the Delhi High Court’s intervention in a PIL seeking GST reduction on air purifiers from 18% to 5% by classifying them as medical devices, warning that any judicial ...
Members of American Airlines' loyalty program will no longer earn miles or other travel rewards when purchasing a basic economy ticket. People enrolled in the carrier's AAdvantage program previously ...