India’s New Income-Tax Bill 2025: Introduced to simplify the nation’s direct tax laws, this bill aims to reduce complexity, enhance readability, and lower compliance costs for taxpayers.
Finance Ministry exempts specified income of Andhra Pradesh Pollution Control Board from tax under Section 10(46). Applies from AY 2022-23 to 2026-27.
Explore global tax-to-GDP ratio trends and their implications for India, including definitional differences, revenue components, and ongoing reforms aimed at enhancing resource mobilization.
ok Sabha Select Committee, which has proposed 285 amendments to the draft Income-Tax Bill, 2025, largely focused on simplification and clarity. The report, unanimously adopted by the committee, is expected to be tabled in the Lok Sabha on July 21, 2025.
Understand professional negligence, including who can be held liable. Learn about making a claim against individuals, firms, or organizations for substandard professional services.
India’s Ministry of Finance amends anti-dumping duty notification for HFC Blends from China PR, updating an exporter’s name from Shandong Dongyue Chemical Co. Ltd to Shandong Dongyue Refrigerants Co. Ltd.
SEBI’s 2025 amendment updates regulations for associated persons in the securities market, clarifying certification requirements and empowering SEBI to specify compliance.
Karnataka’s Commercial Tax Department issues GST notices to traders based on UPI transaction data, clarifying compliance requirements and tax liabilities.
IRDAI has published its third list of eligible trainee surveyors for the September 2025 pre-licensing exams. The notice outlines key dates for registration, slot booking, and exam schedule, advising trainees on membership and discrepancy reporting.
CBDT extends an income tax exemption under Section 10(23FE) from March 2025 to March 2030. This notification, dated July 11, 2025, updates specific income tax provisions.
