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Last mile reforms can galvanise income tax collections

Honouring the honest: Another area of taxation crying out for automation support and fair queuing is the one involving grant of concessions and reliefs. Read more »
Digital Personal Data Protection Bill

Income tax compliance: Rewards may work better than punishments

Covid-19 has hit tax collections, but the situation will improve in terms of both the number of taxpayers and revenue collections, once the pandemic is under control. Read more »
Finance minister Nirmala Sitharaman

Coronavirus outbreak: FM Nirmala Sitharaman eases compliance burden to reduce pain

The Narendra Modi government announces easier compliance in areas such as income tax, GST, customs & excise, banking and trade. Read more »
Impact of global minimum tax on India

GST collection tops Rs 1 lakh cr for second straight month

The December mop-up at Rs 1.03 lakh crore is below the target of Rs 1.1 lakh crore for the last four months of FY20. Read more »
FM Nirmala Sitharaman chaired the GST Council meeting attended by state finance ministers.

GST Council votes for the first time to levy 28% tax on all lotteries

Deadline for filing annual return and reconciliation statement for 2017-18 extended to January 31. Read more »
Car sales hit by economic slowdown, BS VI, EV confusion

Car sales: Economic slowdown throws automobile industry off the rails

Automobile industry hit by economic slowdown, confusion over BS-VI norms and electric vehicles. Read more »
FM Nirmala Sitharaman may agree with states on GST rate hike.

GST update: Centre, states may agree to raise rates, rejig slabs

The GST Council meet on December 18 to take call on hikes amid a huge shortfall in revenue collections. Read more »
India promotes electic vehicles to meet Paris Agreement targets

Electric vehicles: India pulls out all stops for a green future

The government has lined up tax concessions, subsidies to promote green transport infrastructure. Read more »
inflation, economy

November GST collection grows 6%, brings cheer after dismal GDP numbers

The indirect tax mopup is the third highest since GST was introduced in July 2017. Read more »
Impact of global minimum tax on India

Process on to transfer of private stake in GSTN to central, state govts

Goods and Services Tax Network to be a 50:50 venture of Centre, states. Read more »