Finance minister Sitharaman to begin pre-Budget consultation from Friday
Finance Minister Nirmala Sitharaman will start pre-Budget consultations with various stakeholders beginning Friday as part of Budget making exercise.
Tag: Budget 2025
Can you expect major income tax changes in Budget 2025? Check details
The Union Budget 2025-26 is set to usher in a new era of tax simplification in India, with the Finance Ministry working on comprehensive reforms to streamline the income tax system. According to Finance Ministry sources, these changes aim to reduce compliance burdens while expanding the tax base.
55th GST Council meeting: Know date and venue and key agendas
55th GST Council meeting: Union Finance Minister Nirmala Sitharaman is scheduled to meet with state finance ministers on December 21 and 22 for pre-budget discussions and the 55th GST Council meeting. The two-day summit will be held in Rajasthan, most likely in Jaisalmer or Jodhpur, according to the official. The gathering will discuss numerous critical topics before to the 2025-26 Budget release on February 1, 2025.
CII asks for more reforms in tax code, sustaining capex in FY26 Budget
Industry chamber CII on Thursday pitched for further reforms in the tax system, including through simplification of taxes, as well as sustaining the capital investment momentum in the Budget for 2025-26.
Income tax simplification hopes rise as feedback process nears rollout; Budget 2025 may bring big news on direct tax laws
Expectations are rising that India might finally see the long-awaited simplification of its direct tax laws in the coming Budget.