If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and ...

Between 2019 and 2025, FM Nirmala Sitharaman quietly rewired India’s income tax system through a series of calibrated reforms rather than one sweeping overhaul. Across six Union Budgets, the ...

India's tax system saw major changes in 2025. Personal income tax was simplified with a new regime becoming the default. GST rates were rationalized, and rules for digital assets and ULIPs were ...

Over decades, foreign investors have poured $180 billion into India via the tax haven of Mauritius. Now, an Indian court ...

A new survey by global accountancy and policy organisations has found that India enjoys comparatively high levels of public ...

As India’s services economy expands, gaps in the tax system are limiting revenue mobilisation needed to fund welfare and ...

Types of Taxes in India: India’s taxation system may look complicated from the outside, but at its core, it follows a clear and structured setup that helps the government run the country smoothly.

Changes to tax slabs, a higher exemption limit and a continued push towards the new tax regime helped reduce the tax burden ...

Under the current income tax system, individuals are taxed separately, irrespective of whether they are married or not. Each ...

As Budget 2026 draws closer, one major expectation is again gaining strong momentum — the introduction of an optional joint income-tax filing system for married couples, where spouses could file a ...

India’s government is making strides to improve the business environment for the country’s MRO segment. A new revision to the country’s goods and services tax could help make MRO investment in the ...