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Business News/Topic/ Tax Reforms

TAX REFORMS

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International Monetary Fund chief Kristalina Georgieva. (Reuters)

IMF chief calls for swift trade policy resolution, domestic reforms

2 min read . 24 Apr 2025

Finance Bill 2025: The new tax bill allows officials to access communication platforms like emails, WhatsApp, and Telegram, as well as enterprise software and storage servers used by businesses to conceal financial transactions.

Will the new Income Tax Bill give govt access to your encrypted Whatsapp chats?

2 min read . 26 Mar 2025

Finance minister Nirmala Sitharaman addresses a post-budget press conference in New Delhi on 1 February. (ANI)

What to expect from the new income tax law: Simplicity, reduced litigation

2 min read . 13 Feb 2025

Finance minister Nirmala Sitharaman has delivered a realistic and positive punch to keep the economy progressing, especially with a strong push to boost urban consumption, at a very crucial time of challenges globally and domestically. (ANI)

Budget 2025 - A fine blend of tax reforms and growth

3 min read . 02 Feb 2025

As India’s economy grows, the country’s tax laws will need to be detailed and precisely crafted. (Ministry of Finance via X (Twitter))

Tax-policy reforms have a huge role to play in Viksit Bharat journey

4 min read . 24 Jan 2025

Taxing wealth is high on idealism but low on feasibility.

A wealth tax is an idea best judged by the canons of taxation

3 min read . 10 Jan 2025

The personal income tax collection (excluding securities transaction tax) stood at ₹4,52,286 crore in April-August 2024-25, up 25.5% from ₹3,60,381 crore in the year-ago period.

It is time India started indexing tax slabs and exemptions with inflation

3 min read . 11 Nov 2024

Past committees had produced some of the most comprehensive reports, but their excellent suggestions were seldom acted upon by the government. (HT_PRINT)

Income tax reforms: Will the review deliver on promises?

3 min read . 26 Aug 2024

The latest effort to step up oversight of the interpretation of law forming the basis for tax notices suggests the government is keen to avoid controversies and demands that will not stand up to judicial scrutiny. (Photo: istock)

Why CBIC asked its officials to check before shooting off tax demands

4 min read . 20 Aug 2024

Individuals should make the choice between the two schemes depending on the one that offers the lowest tax outgo, say financial experts.

No home loan or HRA? The old tax scheme may not be right for you

6 min read . 16 Apr 2024