Summary: The Finance Bill 2025 presents significant updates in both direct and indirect taxes aimed at improving business ease, reducing litigation, and widening the tax base. Direct tax proposals ...

Broadly, there are two categories of taxes: direct and indirect. Direct taxes are progressive levies, including income tax, ...

The Union Budget 2025-26 introduces several amendments to indirect taxes, covering GST and customs. In GST, changes include allowing Input Service Distributors to distribute input tax credit for inter ...

While the Centre is keen on doing away with the 12% GST slab, states on the rate rationalisation panel have, so far, only ...

The Union Budget 2025-26 reveals that direct and indirect taxes will contribute 66 paise for every rupee in government ...

Much jubilation about income tax cut, but millions will fall out of the income tax net,” Ranade wrote, pointing out a ...

For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to ...

The MLI deals with income taxation, which is referred to as direct taxation. On top of that, most countries have indirect ...

Taxes are indispensable for the functioning of a state as it provides essential services and acts as a source of provision of necessary public goods. State power also manifests itself through ...

The government's indirect tax collection is expected to increase by 8.3 pc in the financial year 2025-26 (FY26), according to ...

As the Union Budget 2025 approaches, debates over tax reforms have reignited frustrations among the middle class about the ...

Goods and Services Tax (GST), and others. Broadly, there are two categories of taxes: direct and indirect. Direct taxes are progressive levies, including income tax, wealth tax, and capital gains ...