Tag: Tax Compliance

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CBIC Directs GST Relief on Interest and Penalties for Businesses

CBIC Issues Fresh Instructions on GST Relief CBIC has instructed tax officers to grant relief on GST interest and penalties for businesses that have paid...

Income Tax Bill 2025: ‘Tax Year’ Concept & Simplified Rules

Introduction The Income Tax Bill 2025 brings a major transformation in India's tax system. Aimed at making tax laws more accessible and efficient, the bill...

Parliament Budget Session 2025: Rajya Sabha Discusses Budget

Parliament Budget Session 2025 Live Updates: Rajya Sabha Discusses Union Budget 2025 New Delhi, Feb 10, 2025: The Parliament Budget Session 2025 began its seventh...

New Income Tax Bill 2025 to Enhance Transparency and Simplicity

Introduction Experts are welcoming the anticipated New Income Tax Bill, which Union Finance Minister Nirmala Sitharaman will introduce this week. The bill aims to increase...

Revolutionising Tax Compliance: Tech Advances Boost Efficiency, But Challenges Persist

A part from implementing a new income-tax structure with reduced rates and fewer exemptions, the tax department has embraced technology to simplify the tax...

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Net GST Collections for March Rose by 7.3% to Rs.1.77 Trillion

The central and state governments GST collections reaching ₹1.77...

New Financial Year 2025: Key Changes in UPI, GST & Tax Slabs

New Financial Year 2025: UPI, Income Tax, GST, and...

Haryana GST Amnesty Scheme Offers Relief on Interest and Fines

The Haryana government has introduced an amnesty scheme providing...

Finance Bill 2025 Discussion: Raghav Chadha Highlights the Heavy Tax Burden on Citizens

During the discussion on the Finance Bill 2025 and...

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