In a special address on Sunday, Prime Minister Narendra Modi outlined the next phase of GST reforms, announcing the “GST Savings Festival” from Monday, highlighting tax relief for the middle class, benefits for MSMEs, and urging India Inc and states…
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The Centre’s upcoming Registration Bill empowers states to establish regulations for registrars to meticulously verify land rights records, aiming to combat fraud and minimize legal disputes in property transactions. This initiative seeks to provide enhanced security for buyers and investors…
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India’s millionaire population is rapidly expanding beyond major metropolitan areas, with Tier II cities like Ahmedabad and Surat emerging as new wealth hubs. Technological advancements, increased financial literacy, and the rise of retail investment are driving this trend.
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Commerce and Industry Minister Piyush Goyal is expected to visit Washington soon for trade talks, following positive discussions between Indian and US negotiators on a proposed bilateral trade agreement. Both sides aim for an early and mutually beneficial conclusion, seeking…
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The Income-Tax Department has uncovered fraudulent exemption claims amounting to approximately ₹700 crore, prompting enhanced risk assessment in return processing. This has led to slower refund issuance, particularly for claims exceeding ₹10 lakh. Taxpayers are being notified to revise returns,…
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India’s long-term sovereign credit rating has been upgraded by Japan’s Rating and Investment Information, Inc. (R&I) from ‘BBB’ to ‘BBB+’, while the Outlook remains Stable, the Government of India announced today.
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