It seems doubtful that any further significant relief for small and middle-class taxpayers would be provided this year, as ...

India's tax system saw major changes in 2025. Personal income tax was simplified with a new regime becoming the default. GST ...

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 ...

Between 2019 and 2025, FM Nirmala Sitharaman quietly rewired India’s income tax system through a series of calibrated reforms ...

After GST and income tax, the government's focus will be on customs reforms. In the 2025-26 budget, the customs tariff slabs ...

The Union Budget for 2025-26, set against the backdrop of global uncertainties and a slowing economy, is expected to focus on agriculture, small businesses, household consumption, and job creation. As ...

The year 2025 brought significant changes to India's income tax landscape, with Budget 2025 introducing beneficial hikes in ...

In Budget 2025, Union Finance Minister Nirmala Sitharaman increased the standard deduction and expanded the scope of the ...

As Budget 2026 approaches, the New Tax Regime is firmly at the centre of the government’s personal tax strategy, following ...

The government is likely to miss its ambitious income tax collection target of 15% for FY26 by a big margin. Despite the 2025 Union Budget announcing a major re ...

India's new Income Tax Act and GST reforms in 2025 aim to simplify taxation and boost domestic demand starting April 1.