The Indian government states that a 25% reciprocal tariff from the US could affect 55% of India's merchandise exports. Authorities are assessing the ...

The Ministry of Finance details how AI tools are enhancing tax compliance. The use of AI for e-verification and targeted campaigns has resulted in a significant increase in tax ...

The Ministry of Corporate Affairs’ MCA21 V3 project is enhancing e-governance for businesses in India by integrating AI, improving transparency, and streamlining services for companies and ...

Section 269SS of the Income Tax Act prohibits accepting cash loans or deposits of Rs.20,000 or more. Non-compliance can lead ...

Understand the old and new income tax regimes for salaried individuals in India for FY 2024-25. Compare tax slabs, deductions ...

A simple guide to GST registration for small businesses in India. Understand the process, required documents, and benefits of ...

The government is using technology like AI and data analytics to increase GST compliance and reduce tax evasion through measures like mandatory Aadhaar authentication and ...

The Ministry of Finance confirms Aadhaar-based authentication for GST registration has been rolled out nationwide to combat fake Input Tax Credit ...

The Ministry of Finance confirms the presence of district-level helpdesks for GST and Income Tax. Find out about simplified filing procedures and support services for small businesses and rural ...

The Minister of State for Finance details India's direct tax collections from FY 2020-21 to 2024-25, highlighting that collections exceeded budget estimates except in the COVID-affected year of ...

EPFO circular simplifies death claims for minors, removing the need for a Guardianship Certificate and allowing direct bank transfers to minor children's ...

The Ministry of Finance details fraudulent GST cases and the government’s proactive measures to combat them. Learn about the new rules and systems put in place to prevent ITC ...