Empower India warns that India’s Goods and Services Tax (GST) inverted duty structure is choking MSMEs’ working capital ...

PHDCCI suggests reforms for heavy industries, including unified returns, streamlined tax audits, and ITC delinking to ease ...

Industry lobby PHDCCI on Wednesday proposed targeted reforms, including the introduction of a unified annual return by integrating multiple corporate filings into a single simplified form, for ...

The PHD Chamber of Commerce and Industry (PHDCCI) has proposed a series of risk-based regulatory reforms aimed at easing compliance burdens in India’s heavy industries sector, highlighting multiple ...

India is set for a monumental financial overhaul starting April 1, 2026, marked by the replacement of the 1961 Income-tax Act ...

One of the many changes affects Permanent Account (PAN) holders, which has come into effect from. New PAN forms have been ...

The Tribunal upheld dismissal of appeal for non-payment of tax under Section 249(4)(b). However, it remanded the case after finding that the addition based on Form 26AS may be ...

ITR-4 Sugam: While ITR forms 1-4, filed by small and medium taxpayers, were notified on March 30, ITR forms 2, 3, 5, 6 and 7, ...

The Tribunal held that Section 14A cannot be invoked in absence of exempt income. It clarified that taxable dividend income eliminates the basis for ...

Under the RoSCTL scheme, extended by 6 months till 30 September, the government refunds certain taxes and levies to textile ...

The Trump administration's proposed rule allows 401(k) plans to include private equity and cryptocurrencies. While industry ...