If you haven’t filed your ITR 2025 yet, today is your last chance to do so without facing penalties. The deadline for most taxpayers, including salaried employees, pensioners, and small businesses that do not need audits, is Monday, September 15. This date has been extended from July 31, but the opportunity closes tonight. Missing it

The second instalment of Advance Tax Payment for the financial year 2026 (assessment year 2026-27) is due on September 15. If your total tax liability for the year exceeds Rs 10,000, you must pay advance tax in instalments. Missing the deadline will not only increase your financial burden but also lead to interest charges under

Reliance Industries Limited Chairperson Mukesh Ambani praised the Government of India’s second-generation reforms of the Goods and Service Tax (GST) rates. He called it a positive step towards making products and services more affordable for consumers. Mukesh Ambani appreciate PM Modi for GST reforms In a statement, he commended PM Modi for fulfilling his promise

Watching IPL just got more expensive for cricket fans now, due to the new GST tax reforms. From September 22, 2025, tickets for Indian Premier League matches and same sporting events will be taxed at 40%, up from the previous 28%. India Slaps 40% GST on IPL Tickets, along with casinos, race clubs, and luxury

Finance Minister Nirmala Sitharaman announced a major reform in the Goods and Services Tax (GST) system on Wednesday. The 12% and 28% tax slabs will be consolidated into a simpler dual-rate structure of 5% and 18%. A higher 40% rate will remain for sin goods. This move, called “Next-Generation GST,” that aims to improve affordability,

The Goods and Services Tax (GST) Council, led by Finance Minister Nirmala Sitharaman, is meeting today with high hopes from traders and businesses. During its 56th GST Council Meeting, the Council is expected to discuss moving to a simpler two-slab system and possible rate cuts that could lower the prices of many goods and services

Union Finance Minister Nirmala Sitharaman conducts the 58th GST Meeting today. The agenda includes rate cuts for 175 items, ranging from cars to soap and air conditioners. It also consists simplifying the current four-tier tax system to two. Union and State finance Ministers Discussion in GST Meeting The GST Council meeting gathers union and state

Income Tax Department raided 18 locations tied to real estate and pan masala companies in Jaipur and Kota today. The Raid on Real Estate and Pan Masala Companies started around 7 AM. Raids are still happening at 8 locations of High Fly Real Estate Group in Jaipur. The raids were also conducted at 4 locations

Three panels of State Finance Ministers meet on 20 and 21 August to review the draft of GST reforms of the next generation, including proposals to rationalize tax system. The panel, called a group of ministers (GOM) established by the goods and service tax (GST) Council to see rate rationalization, insurance and compensation cess.  Revised

Targeting to push through next-gen GST Reforms before Diwali in October, PM Modi said Thursday the decrease in tax burden could be a Diwali gift to the average man, small marketers and MSMEs. These reforms expected to reinforce consumption as the GST rates on goods together with fridges, air conditioners and packaged and branded foods