Former RBI governor moots state income tax

Former RBI governor C Rangarajan has suggested that state governments could levy state income tax to boost revenue, similar to the US. He also proposed direct taxes on expenditures and financial transactions. Laveesh Bhandari advised increasing electricity rates and applying…

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The Accountants’ Vision of New Tax Bill

Over the years, the government has taken numerous steps to streamline and simplify the tax regime, with the New Tax Bill 2025 being one of the most significant. However, beyond CFOs, the CA, audit, and finance communities have expressed their…

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