This update explains the major GST and income-tax reforms introduced during 2025. It highlights how simplified rates, faster refunds, and revised tax slabs reduce compliance stress and improve ...

New Delhi, Aug. 22 -- The Group of Ministers (GoM) on GST rate rationalisation on Thursday accepted the Centre's proposal to restructure the indirect tax system by reducing the number of slabs to two ...

The state finance minister said the government was tapping additional revenue from sectors such as excise and mining to offset the losses ...

The year 2025 was marked by a wide-ranging set of economic reforms signalling a decisive shift toward outcome-driven governance aimed at simplifying regulations, boosting growth and strengthening ...

Centric Tax Regime Introduction The End of the “Trial and Error” Era For nearly a decade, India’s Goods and Services ...

India's tax reforms under GST 2.0 played a key role in supporting domestic consumption and economic growth in 2025, helping ...

Next year will see the new simplified Income Tax Act, 2025, to come into effect from April 1, replacing the over ...

India's GST 2.0 tax reforms drove economic growth in 2025 by simplifying the tax regime and bolstering domestic consumption, ...

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 ...

From 1 April next year, the new Income Tax Act, 2025, will replace the six-decade-old Income Tax Act of 1961. Additionally, ...

Former CEA Arvind Subramanian told Lallantop he left in 2018 after four years, not due to a fallout, though he cited GST design differences.

Sources said that the Union revenue department is monitoring whether taxes have been commensurately cut on daily-use FMCG products, from shampoos to pulses Many ecommerce platforms are said to have ...