Stay informed with the latest developments in taxation, GST compliance, and financial regulations in India.
September 22, 2025 • Press Information Bureau
The GST reforms effective from September 22, 2025, introduce a simplified two-slab structure with 5% and 18% rates. This will lead to savings of up to 13% on grocery bills and make essential items more affordable for the common man while boosting business competitiveness.
Read more →September 15, 2025 • ClearTax
The 56th GST Council meeting paved the way for GST 2.0 reforms focusing on structural reforms, rate rationalization, and ease of doing business. The new system reduces complexity and enhances transparency in compliance.
Read more →February 13, 2025 • Income Tax Department
The new Income-tax Bill, 2025 replaces the 1961 Act with simplified language, reduced provisions from 5.12 lakh to 2.6 lakh words, and introduces 39 new tables and 40 formulas for better clarity and ease of compliance.
Read more →February 1, 2025 • Livemint
Corporate India expects income tax reforms, lower GST rates, and increased capex allocation in Budget 2025. Focus areas include tax slab rationalization, enhanced digital infrastructure, and measures to boost economic growth.
Read more →January 2025 • Bajaj Finserv
The comprehensive GST rate list for 2025 includes updated slabs for various goods and services. Understanding these rates is crucial for businesses to ensure compliance and financial planning.
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