Budget 2026: GTRI Urges Fewer Customs Duty Slabs to Boost Ease of Doing Business
GTRI calls for a simpler customs duty structure in Budget 2026-27, urging fewer tariff slabs and clearer import duties to support trade, manufacturing, and exports.
Category: News
India Needs Customs Reforms to Improve Efficiency, Transparency, Accountability
India’s customs system needs reform to improve efficiency, transparency, and trade facilitation. Learn why tariff rationalisation and procedural simplification are critical.
‘Tax Year’ to Replace ‘Assessment Year’: How New Income Tax Law Impacts You
From April 1, 2026, ‘Tax Year’ will replace ‘Assessment Year’ under the new Income Tax Act. Here’s what the change means for taxpayers and ITR filing.
Evolution of India’s Union Budget: Key Milestones from Black Budget to GST
From India’s first Budget in 1947 to GST and trust-based governance, explore key milestones that shaped the evolution of the Union Budget.
Budget 2026: Mutual Funds/AMFI Seeks Tax Relief, Long-Term Investment Incentives
Ahead of Budget 2026-27, AMFI seeks tax relief, indexation for debt funds, equity investing incentives, and retirement-focused reforms for mutual funds.
UP Labourer Gets Rs 7 Cr Income Tax Notice: Types of I-T Notices Explained
A UP labourer receives a ₹7 crore income tax notice. Here’s what income tax notices mean, common types, and how taxpayers should respond.
Budget 2026-27: PSU Bank Officers Seek Tax Relief on Leased Housing/Staff Loans
PSU bank officers urge the Centre to amend tax rules in Budget 2026-27 to provide relief on perquisite taxation of leased housing and staff loans.
Budget 2026–27: Finance Ministry Updates on Key Direct Tax Reforms
Ahead of Budget 2026-27, the Finance Ministry shares progress on direct tax reforms impacting AIFs, startups, investors, infrastructure, and individual taxpayers.
ED Files PMLA Case Against Former Bhopal Registrar Sobaran Singh Apouriya
ED files a money laundering case against former Senior District Registrar Sobaran Singh Apouriya over disproportionate assets worth ₹97 lakh.
ED Files PMLA Case Against Former NCL Officer Shailendra Pasari
ED files a money laundering case against former NCL official Shailendra Pasari over bribery and disproportionate assets; proceeds of crime pegged at ₹1.30 crore.