Parliament passes new Income Tax Bill: Rajya Sabha clears it by voice vote; to replace Income Tax Act 1961
Parliament on Tuesday passed the New Income Tax Bill, 2025, with the Rajya Sabha clearing it by a voice vote […]
Monsoon Session of Parliament 2025
Income Tax Bill 2025: Finance Ministry issues corrigendum on interest on advance tax shortfall
The Finance Ministry has issued a corrigendum to the Income-tax (No. 2) Bill, 2025, introducing revised provisions for charging interest
Government Tables Taxation Laws (Amendment) Bill, 2025 in Lok Sabha
The Finance Minister Nirmala Sitharaman today i.e. August 11, 2025 introduced the Taxation Laws (Amendment) Bill, 2025 in the Lok
Important Update: Income-Tax (No. 2) Bill, 2025, introduced in Lok Sabha
The Lok Sabha on August 11, 2025 has tabled the Income-tax (No. 2) Bill, 2025, marking a sweeping consolidation and
Lok Sabha passes Manipur Goods and Services Tax (Amendment) Bill
The bill seeks to replace the Manipur Goods and Services Tax (Amendment) Ordinance, 2025. The Bill was passed by a
GST evasion of ₹7.08 trn detected in 5 yrs, includes ITC fraud of ₹1.79 trn
Central GST field officers have detected tax evasion of about ₹7.08 trillion in the last five years till 2024-25 fiscal,
FM Nirmala Sitharaman clarified in the Lok Sabha on GST Applicability and Compliance for Apartment Maintenance Charges
On July 28, 2025, Finance Minister Nirmala Sitharaman clarified in the Lok Sabha that residents of apartments paying maintenance charges
Government Clarifies Stand on GST Reduction for Flex-Fuel Vehicles in Lok Sabha: No Change Recommended by GST Council Despite Push for Alternative Fuels
The Government of India is promoting alternative fuels for vehicles through various measures, including mandating fuel retailers to offer alternative
Clarification by MoS Pankaj Chaudhary in Lok Sabha on 18% GST Slab for User Development Fees (UDF) Collected by Airline Operators
The Minister of State in Ministry of Finance Shri Pankaj Chaudhary in Lok Sabha on July 28, 2025 clarified that
Pankaj Chaudhary in Rajya Sabha clarified No GST on UPI Transactions Over ₹2000: Dismisses Rumors and Reaffirms Commitment to Digital Payments
In the Rajya Sabha, MoS Finance Pankaj Chaudhary on July 22, 2025, answered and clarified that there is no proposal