Tax Reforms
Survey seeks insolvency revamp, simpler tax to boost corporate bond demand
The regulators have taken several measures over the years to deepen the corporate bond market, but coordinated and phased reforms are needed to further strengthen it and lower the cost of credit for Indian companies, the survey said.
2 min read29 Jan 2026Budget 2026: What key tax reforms has FM Nirmala Sitharaman introduced in the last five years?
Ahead of Budget 2026, Finance Minister Nirmala Sitharaman's past budgets delivered tax relief up to ₹12.75 lakh for salaried individuals, introduced a simplified tax regime exempting incomes up to ₹7.75 lakh, and overhauled capital gains taxes on both short-and long-term gains.
2 min read27 Jan 2026Budget 2026: How can FM Sitharaman make New Tax Regime better? Deductions, tweaks and more — What experts say
Budget 2026: The government introduced the New Tax Regime in Budget 2020, and since then, it has made several changes to accommodate taxpayers' interests. In Budget 2025, FM Sitharaman made a grand move, lowering the income tax rates. What's coming in Budget 2026?
2 min read14 Jan 2026IMF puts 11 strict conditions on Pakistan to extend loan: Can Islamabad meet the challenge?
The IMF has set 11 new conditions for Pakistan to access loans, focusing on tax reforms and combating corruption. Pakistan must fulfil these conditions by December 2026, with a total of 64 requirements now in place, as part of the $7 billion bailout package.
2 min read12 Dec 2025India's states are cluttered with outdated laws—A ‘clean' slate could bring order to the statute book
The legal framework of our states is weighed down by outdated statutes that perpetuate uncertainty and undermine efficiency as well as legal predictability. Reform must begin not with new laws but by rationalising existing ones to ensure the statute books are aligned with the latest needs.
3 min read10 Nov 2025GST on petrol, diesel, alcohol: Are fuel, liquor getting cheaper from today? Here's what you need to know
While at least 375 items will see rate cuts, many are wondering what will happen to petrol, diesel, and alcohol prices under the latest GST reforms. Here's what's changing.
2 min read22 Sep 2025Finance minister Sitharaman urges private investment, partnership on skilling
Sitharaman has called on Indian industry to shed hesitation and expand capacity, highlighting government reforms and the need for collaboration to boost the economy.
2 min read18 Sep 2025From real estate to insurance: Which sectors win big from GST 2.0 cuts? Explained
The 56th GST Council meeting approved GST 2.0, reducing tax slabs from four to three, effective September 22, 2025. This reform aims to simplify compliance, boost disposable incomes, and stimulate consumption, benefiting sectors like FMCG, automobiles, and real estate.
4 min read5 Sep 2025GST reforms: What are Sin Goods and why are they attracting highest slab? All you need to know
The GST Council approved a tax reform on September 3, reducing the four-slab system to two tiers of 5% and 18%, with a new 40% rate on luxury and sin goods. Here's what that means and which products will likely be impacted…
2 min read4 Sep 2025Nirmala Sitharaman to introduce revised Income Tax Bill 2025 in Lok Sabha today. What to expect?
Finance Minister Nirmala Sitharaman is set to unveil a revised Income Tax Bill 2025 in the Lok Sabha, incorporating 285 suggestions from a Select Committee. This new legislation aims to simplify tax processes and address previous shortcomings, potentially reshaping the income tax landscape in India.
2 min read11 Aug 2025