Tax

Budget 2026 signals a decisive push to cut tax litigation, decriminalise defaults and offer long-term certainty as India prepares to roll out the new income-tax law

Budget 2026 seeks to attract investment through tax nudges and selective incentives, while maintaining fiscal discipline amid global uncertainty and uneven revenue growth

What does Budget 2026 mean for common citizens? This video explains the key announcements and how they impact daily expenses, taxes, savings, and household finances.

Union Budget 2026 is out, but does it signal continuity or real change? In this video, we decode the Budget’s key priorities — from spending and capex to taxes, fiscal discipline

Finance Minister Nirmala Sitharaman presented the Union Budget 2026 in Parliament today. In her ninth consecutive Budget, she outlined a growth-focused roadmap anchored in higher public spending

The Budget should consider moving to a residence-based tax regime, exempting foreign investors from long-term capital gains tax

With many income tax incentives already expired or approaching sunset, 34% of respondents said they expected the government to bring back a manufacturing-linked lower tax rate regime

The government needs money. But does it always have to raise taxes? In this episode of Budget Basics, we break down disinvestment, what it really means, how it works inside the Union Budget,

In this episode of Budget Basics, we decode tax buoyancy, a small term with big budget impact. What does it really mean? Why does the government track it so closely? And why should you care?

Who actually bears the tax burden in India? This video breaks down direct vs indirect taxes, tracks tax collection trends from FY19 to FY25, and explains what the numbers reveal

SC's Tiger Global ruling marks a shift in India's tax jurisprudence, unsettling treaty certainty, expanding anti-avoidance scrutiny and raising concerns over predictability for foreign investors

From the finance ministry came a mix of revenue-raising and trade-defence actions. Taxes on tobacco products will increase from the beginning of next month

ITC shares slump as steep excise duty hike on cigarettes wipes out over $7 billion in market value and triggers a spate of brokerage downgrades

The Tobacco Institute of India calls on the government to reconsider the steep excise and GST hike on tobacco, warning of hardships for farmers, MSMEs, retailers and a surge in illicit trade

The Punjab government has extended the deadline for the one-time settlement scheme for outstanding tax dues till March 31, providing relief to traders and industry, Finance Minister Harpal Singh Cheema said on Thursday. The scheme, launched on October 1, was earlier set to end on December 31. Cheema said the extension was approved after representations from various stakeholders, including the GST Practitioners Association of Punjab, citing heavy compliance pressure and practical difficulties faced by taxpayers. So far, 6,348 applications have been received under the one-time settlement (OTS) scheme, reflecting strong participation from the trading community, he said. The government noted that overlapping tax deadlines towards the end of 2025 and delays in service of VAT assessment orders made it difficult for many businesses to assess their exact liabilities within the original timeline. The OTS scheme aims to resolve pre-GST disputes under the laws for VAT and Central Sales Tax b

The government said that tobacco products will continue to attract GST but will also be subject to additional excise duty on top of that tax from February 1

The notices have been issued under Section 142(1) of the Income-tax Act, which empowers the department to seek information or documents during assessment proceedings

ICSI has flagged slowdowns, timeouts and outages on the MCA 21 version 3 portal; government sources say some issues stem from awareness gaps as fixes continue

Tax experts said the ruling brings finality to the treatment of inter-office expenses for foreign banks and other multinational enterprises with Indian branches

The annual target of the state excise department is ₹63,000 cr in revenue; in the first eight months, the state has logged nearly 55% of this target at ₹35,144 cr