Category : Search result: tax rationalization


ITR Portal Upgrade: Track Tax Officer Access Live

India's income tax portal introduces groundbreaking transparency feature allowing taxpayers to monitor when officials access their submissions, eliminating uncertainty and bringing unprecedented clarity to tax assessment process.

GST Cut on Affordable Clothing: 200 bps Revenue Boost for Retail

In a major relief for consumers and retailers, GST rates on apparel below ₹2,500 have been significantly reduced. This strategic tax cut is projected to boost sectoral revenue by 200 basis points, revitalizing India's fashion retail industry and making fa

GST reform to boost organised apparel retail by 200 bps

Major GST reforms in the apparel sector are set to drive significant growth for organized retailers while creating challenges for unorganized players. CRISIL Ratings reveals how tax rationalization will reshape India's fashion retail landscape.

GST 2.0: India's Next Tax Revolution Unveiled

Discover how India's upcoming GST reforms promise to streamline logistics, boost revenue, and create a more business-friendly tax environment ahead of the festive season.

Zomato parent gets ₹64 crore UP tax notice

Uttar Pradesh tax authorities slap Zomato's parent company with a massive ₹64.17 crore notice over alleged GST discrepancies. Get the complete breakdown of the tax demand and company's response.

CBIC Extends GSTR-3B Deadline to Oct 25

In a major compliance relief for businesses, CBIC extends GSTR-3B filing deadline to October 25, 2023. Get all details about the extension for monthly and quarterly filers and what it means for Indian taxpayers.

GST 2.0 Brings Price Stability to Pune Diwali Markets

Pune's Diwali markets experience unprecedented price stability under GST 2.0, bringing relief to shoppers and sellers alike. Discover how simplified tax structures are transforming the festive shopping experience.

GSTR-3B Deadline Extended to October 25

Indian businesses get crucial relief as government extends GSTR-3B return filing deadline. Learn how this extension benefits taxpayers and simplifies GST compliance.

GST cuts bring bigger price drops on 30 essentials

In a major relief for Indian consumers, the recent GST rate cuts have resulted in bigger-than-expected price reductions on 30 daily-use items. The government is actively monitoring markets to ensure benefits reach common people.

GST Rate Cut Benefits Fully Passed to Consumers: FM

Finance Minister Nirmala Sitharaman announces complete pass-through of GST rate reduction benefits to consumers, highlighting government's commitment to consumer welfare and economic transparency.

Oman's 5-Year Tax Waiver for Maritime Services

Oman's Tax Authority announces groundbreaking 5-year corporate income tax exemption for international shipping companies, positioning the Sultanate as a premier global maritime destination with competitive incentives.

NYC Elite Panic Over Mamdani's Wealth Tax Plans

New York's wealthiest residents are fearing the financial impact of Democratic Socialist Zohran Mamdani's proposed 'mansion tax' and wealth redistribution policies targeting the ultra-rich.

Govt monitors 54 items for GST cut benefits

Indian government actively monitors price transmission of GST-reduced goods. 54 items under scrutiny to ensure businesses pass tax benefits to consumers effectively.

EC cracks down on cash flow in Bihar elections

EC issues strict directives to enforcement agencies to monitor and curb illegal cash movement, liquor, drugs, and freebies during Bihar Assembly elections. Enhanced surveillance measures implemented.

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