This update explains the major GST and income-tax reforms introduced during 2025. It highlights how simplified rates, faster refunds, and revised tax slabs reduce compliance stress and improve ...

India’s Goods and Services Tax, as the government scrapped multiple rate slabs, cut levies on everyday goods, vehicles and insurance, and streamlined taxes on luxury and sin items—ushering in GST 2.0 ...

India's tax system saw major changes in 2025. Personal income tax was simplified with a new regime becoming the default. GST ...

Cricket fans will now have to pay more to watch IPL matches from stadiums as the government has increased GST rates from 28% to 40%. This steep hike puts IPL tickets in the highest tax bracket ...

A uniform 18% and 5% GST framework was implemented nationwide following Council recommendations. The ruling highlights its role in supporting small businesses through lower taxes on essential ...

India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax ...

Next year will see the new simplified Income Tax Act, 2025, to come into effect from April 1, replacing the over ...

In a written reply to a question in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said that the GST collections during September to November of the current financial year (2025-26) ...

From 1 April next year, the new Income Tax Act, 2025, will replace the six-decade-old Income Tax Act of 1961. Additionally, ...

Maruti Suzuki maintained its leadership position, selling 1.76 million vehicles during the year and accounting for 40.4% of ...

The GST Council may consider cutting tax on air and water purifiers from 18% to 5%, amid worsening air quality and calls to ...

GST Rate Revision Has Resulted In 5 Per Cent Rise In Revenue For States: Minister. New Delhi, Dec 16 (IANS) The revision in ...