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GST rate rationalisation needed: Finance SecyGST rates need to be rationalised: Finance Secretary

Replying to a query from industry representative at a FICCI post-budget meeting, Pandey said GST brought in transparency in taxation post its implementation in 2017.

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Modi’s Trump strategy sees quick concessions to avoid trade war

Narendra Modi US Visit: India is rapidly making concessions to the US to avoid a trade war under President Trump. Prime Minister Modi’s government has cut tariffs on various imports and agreed to accept unlawful migrants. Modi will meet Trump…

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Utilise Rs 20,000 crore allocated for R&D: DEA Secretary to India Inc

Economic Affairs Secretary Ajay Seth urges India Inc to leverage the Rs 20,000 crore R&D fund announced in the Budget through high-quality proposals by year-end. The Budget also proposes significant income tax cuts for the middle class to boost consumer…

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Finance Secretary to Team India Inc: Demand set for a surge, step up your investment game

Finance secretary Tuhin Kanta Pandey urged India Inc to boost investments, emphasising demand surge and income tax reliefs in the budget that will leave taxpayers with an extra Rs 1 lakh crore. He encouraged industries to invest now, aiming for…

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About 96% of Indian professionals using AI and generative AI tools at work: Study

Despite being early adopters of AI and Gen AI tools, Indians are increasingly worried about technology replacing them if they do not continually upskill.

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New Income Tax Bill: Experts push for simplification, faster dispute resolution and tech-driven reforms

As the government prepares to introduce a new Income Tax Bill this week, experts are calling for sweeping reforms to simplify compliance, enhance tax certainty, and leverage technology. Key suggestions include streamlining TDS provisions, accelerating dispute resolution, and modernizing tax…

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  • 8th Pay Commission: 5 important Gazette provisions that could impact lakhs of employees and pensioners

    The 8th Pay Commission is about much more than a salary hike. From allowances and pensions to performance incentives and gratuity, these five key Gazette provisions could reshape the pay and retirement benefits of Central government employees. Check the complete details, including FAQs. 

  • Reporting capital gains on equity and debt MFs? Here's a step-by-step guide

    While most of the changes to capital gains taxation were implemented in FY24-25 or AY25-26, taxpayers filing returns this year for AY26-27 still need to navigate a detailed reporting framework, particularly for equity transactions.

  • Your child's education can help you save tax: Eligibility, rules, limits for school and hostel fee exemption

    Families can save on school fees through tax exemptions for education and hostel allowances from employers. Tuition fees may also also qualify for deductions under Section 80C. Here's everything you need to know about these tax benefits.

  • Income-tax returns: Filing tax as a senior citizen? Tax slab, rebate and marginal relief — here are key things to know

    Income-tax returns: The I-T department has released excel utility of its ITR-1 (Sahaj), ITR-2, ITR-3, and ITR-4 (Sugam) forms for AY27. Today we lay out the numbers and key things to know for senior and super senior citizens looking to file their returns.

  • Karnataka builder failed to give promised amenities for 6 years; RERA intervenes: What you can do if it happens to you

    A Bengaluru homebuyer has been waiting over six years for promised amenities after paying ₹40 lakh for an apartment. He approached Karnataka RERA for relief and partly won the case. Here's what you can do if it happens to you.

  • 8th pay commission to close job vacancies for consultant roles in August — Check eligibility, salary and other details

    8th CPC: The 8th pay commission has invited eligible candidates to fill vacancies for consultant roles. Here are details on job openings, qualifications required, salary and the deadline for applications.

  • EPFO portal now offers two ways to transfer your PF balance after changing jobs — here's the entire process

    The EPFO member portal now allows salaried employees to transfer their EPF balance from previous employers to current ones more easily, aiming to reduce paperwork. Here's how the process works and what all you need to know.

  • DA hike: Amid expectations of dearness allowance increase in July, here's a look at the past announcements

    DA hike: Amid expectations that the Indian government will announce dearness allowance increase in July 2026. we take a look at the trend of past DA hike announcements during the 7th central pay commission.

  • ITR filing 2026: If your income exceeds ₹1 crore, this disclosure is mandatory

    Taxpayers earning over ₹1 crore must file additional disclosures about assets and liabilities under Schedule AL when submitting their income tax returns. Details here.

  • Pension rules: Orissa HC says government employees can't lose pension over leave alone

    The Orissa High Court has ruled that unauthorised absence from work, by itself, is not grave misconduct that justifies compulsory retirement or denial of pension. The court restored a railway employee's retirement benefits after finding the punishment disproportionate.

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