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 ...
The issue explains how automated portal controls now trigger late fees, return blocks, and suspensions. Key takeaway: proactive compliance is essential to avoid system-driven ...
India's tax system saw major changes in 2025. Personal income tax was simplified with a new regime becoming the default. GST ...
From 1 April next year, the new Income Tax Act, 2025, will replace the six-decade-old Income Tax Act of 1961. Additionally, ...
India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax ...
In 2025, India significantly reworked its tax system by sharply cutting GST rates and increasing the income tax exemption ...
In 2025, India's NDA government, under Prime Minister Narendra Modi, implemented key reforms in GST, income tax and labour ...
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