February 19, 2026
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Tax reforms in India

New Income Tax Bill 2025 India

New Income Tax Bill 2025: Major Overhaul of India’s Tax System | Key Takeaways & Exam Relevance

Daily Current Affairs05 mins

Cabinet Passes New Income Tax Bill 2025: A Major Overhaul of India’s Tax System The Union Cabinet has approved the New Income Tax Bill 2025, marking a significant transformation in India’s tax regime. This bill aims to simplify the tax structure, reduce compliance burdens, and promote economic growth. The proposed changes are expected to impact…

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GST rate rationalization benefits

GST Rate Rationalisation: Benefits, Impact, and Latest Updates

Daily Current Affairs04 mins

GST Rate Rationalisation After Item-wise Analysis In a significant move aimed at streamlining the Goods and Services Tax (GST) regime, the Government of India has initiated a thorough item-wise analysis to rationalize GST rates. This decision comes as part of ongoing efforts to simplify the tax structure and boost compliance across various sectors. The GST…

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