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Finance Minister Nirmala Sitharaman Slams GST Cess Misuse Claim as “Baseless”

Advika Dwivedi

Finance Minister Nirmala Sitharaman (FM) rejected allegations that the GST ( Goods and Services Tax ) Compensation Cess was being misused to pay the...

FM Sitharaman Chairs Seventh Pre-Budget Meeting with BFSI Experts

56th GST Council Meeting: Key Highlights

Rajasthan Tax Consultant’s Association Urges Finance Minister and CBDT to Extend Date of Tax Audit...

Rules for Income Tax Act, 2025 by End of Year, says Reports

GST Council’s Two-Day Marathon Meet: Key Expectations

The Finance Minister, Finance Secretary, CBIC Chairman, and other Council members will gather again for a two-day GST Council meeting on September 3- 4, 2025, following a break since its 55th...

166 Years of Income Tax in India: A Look Back at History, Policy, and Progress

India’s income tax system has come a long way since it was first introduced in 1860. What began as a temporary tax to recover from the financial crisis after the 1857 revolt has now become a core...

Finance Ministry & RBI Hold Meeting on Scaling Up Credit Services via Unified Lending Interface

The Department of Financial Services (DFS), Ministry of Finance, convened a high-level meeting on June 23, 2025, in New Delhi to chart the next phase of the Unified Lending Interface (ULI)...

Growth of tax and non-tax revenue increased to 17.4%: Kerala Budget 2025

Finance Minister K.N. Balagopal presented the Kerala Budget for the 2025-26 fiscal in the State Legislative Assembly on Friday (February 7, 2025). The Minister said Kerala has stated that growth of...

Kerala Budget 2025 - Kerala Budget - Budget 2025 - Taxscan

Union Budget 2025: FM snips TCS Rate on Timber and Other Produce obtained under Forest Lease

The Union Budget 2025-26 was presented by Finance Minister Nirmala Sitharaman before the Lok Sabha today (1 February, 2025). A notable change regarding forests and environment is the reduction of Tax...

Budget 2025 India - Budget 2025 Highlights - Budget 2025 News - Budget 2025 Updates - Budget 2025 Impact - Budget 2025 Reactions - Budget 2025 - India tax reforms - Finance Minister Budget speech 2025 - Taxscan

Budget 2025: FM Nirmala Sitharaman proposes Retrospective Service Tax Exemption for Reinsurance Services by Insurance Cos

The Union Finance Minister Nirmala Sitharama presented her record eighth Union Budget 2025-26 in Parliament today ,February 1. Delivering the first full budget of Third Narendra...

Union Budget 2025: FM proposes Extension of Tonnage Tax Scheme Benefits to Inland Vessels

During the Union Budget 2025-26, the Finance Minister, Nirmala Sitharaman has proposed the extension of the tonnage tax scheme benefits to inland vessels. Currently, the tonnage tax scheme is only...