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

The Centre has mended the Income Tax Act, 1961, remedying a drafting mistakes that affected the same old deduction for salaried taxpayers in the financial year 2025-26. The Income tax bill 2025 changes aligns with Budget 2025 announcements, returning the same old deduction to Rs 75,000 for income as much as Rs 12.75 lakh under

Jio Financial Services Limited (JFSL) has delivered a tax planning and submission module on its JioFinance app, offering both self-service and expert-assisted options. The self-filing plan starts at ₹24, while assisted services starts at ₹999. The feature, evolved in partnership with TaxBuddy, is designed to simplify income tax return (ITR) filing. It help customers choose

Union Finance Minister Nirmala Sitharaman will introduce the revised Income tax Bill 2025 in the Lok Sabha today. It change the original draft tabled on February 13, 2025. The earlier version was officially withdrawn, drawing criticism over the effort and time spent on its drafting. The government continues to pass legislation aimed at ensuring legislative

The Income Tax Bill 2025 that introduced in the Lok Sabha on February 13 to update the current Income Tax Act, 1961, has withdrawn now. A new edition of the Income Tax Bill, with new guidelines made by Select Committee chaired by BJP MP Baijayant Jay Panda introduce in Parliament on Monday. New version of

The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a fine of Rs 5 crore on Policybazaar Insurance Brokers Pvt Ltd for a number of violations of insurance norms. The regulator said that Policybazaar Web Aggregator Pvt Ltd (now Policybazaar Insurance Brokers Pvt Ltd) fined Rs 5 crore and issued directions, advisories, and

The Reserve Bank of India (RBI) has remains repo rate unchanged at 5.5% due to US President Donald Trump’s tariff risk. The rate fell 16 paise the day gone by, after Trump issued new threats to hike tariffs on Indian items. The decision announced this morning at the Monetary Policy Committee (MPC) meeting, that’s held

ED questioning Anil Ambani in New Delhi today. He is alleged in Rs 17,000 crore bank money laundering case. Sources say Mr Ambani not  allowed to have an lawyer present with him during questioning. The whole questioning session recorded on a digital camera. Statements recorded under the Prevention of Money Laundering Act (PMLA) are admissible

Reliance Group Chairman Anil Ambani questioned by the Enforcement Directorate Tuesday morning on money laundering cases related to alleged bank loan frauds worth Rs 17,000 crore. The probe company face to Mr Ambani after 3 days of investigating through the records of 50 businesses across 35 locations, and interviewing 25 people. Sources told ‘massive quantity

New UPI Rules effective from today August 1. These policies will enhance the efficiency of UPI apps and protect customers from fraud. Implemented by the National Payments Corporation of India (NPCI), they apply to all payment providers like Google Pay, PhonePe, or Paytm. The new rules will alter activities like checking bank balance, processing autopayments,