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Budget 2024: India's indirect tax landscape is in need of significant changes to promote economic growth and a more business-friendly environment. The Goods and Services Tax (GST) is a key component of the tax reform journey, but its complexity often leads to confusion and compliance challenges. The inclusion of petroleum products and real estate under the GST would simplify the tax structure, promote transparency, and reduce the cascading effect of taxes.

The Delhi High Court has directed that AWS India withhold 8% of payments payable or paid to AWS USA and deposit the same with the income tax department.The division bench of Justice Vibhu Bakhru and...

The United Nations Development Programme (UNDP), through its Tax for SDGs Initiative, and the South Centre, Switzerland jointly organised a two-day capacity-building workshop on “Taxation of the Digitalised Economy” for nearly 100 officials from the Fiscal Policy Department (FPD), Inland Revenue Dep

Staying updated with any revisions in tax laws and regulations is essential for accurately adhering to them

Income Tax Dates: Having knowledge of the important dates pertaining to taxation is essential for taxpayers in order to prevent penalties.