Budget 2024: Proposed to do away with angel tax; positive news for startups ecosystem

Jul 23, 2024

To bolster the Indian start-up eco-system, boost the entrepreneurial spirit and support innovation, Finance Minister Nirmala Sitharaman proposed to abolish the so called angel...

GST system needs a lot of trained professionals

Oct 28, 2022

New Delhi [India], October 28 (ANI/ATK): Resources are needed for the smooth functioning of government systems. The government pays special attention to tax...

International Monetary Fund urges overhaul of Pakistan's tax system

May 13, 2024

Nathan Porter, head of the IMF's Mission to Pakistan, leads the mission team engaging with the Pakistani delegation led by Finance Minister Muhammad Aurangzeb.

Vice President Naidu calls for further simplifying tax system

Apr 29, 2022

New Delhi [India], April 29 : Vice President M Venkaiah Naidu on Friday called for simplifying the tax system further to promote voluntary compliance...

I-T Department launches Faceless Income Tax Appeals system

Sep 25, 2020

New Delhi [India], September 25 : The Income Tax Department on Friday launched Faceless Income Tax Appeals, under which all appeals will be finalised...

IMA urges government to enhance health allocation in budget to minimum 2.5 pc of GDP

Jul 06, 2024

The Indian Medical Association has demanded increased allocation of financial resources in the budget, advocating a tax-based system of health financing, the medical body...