Populist schemes, revenue gap take a toll: No major schemes, projects likely in next state budget

The chief minister told reporters on Sunday that he would not hesitate to take some strict steps in the upcoming budget to ...

Income Tax Slab Budget 2026: What’s in Budget for small taxpayers

Union Finance Minister Nirmala Sitharaman has entered the history books after presenting the ninth consecutive Budget.

What is Direct Tax & Indirect Tax?

Understand the core differences between direct and indirect taxes in India, featuring the major 2026 reforms to the Income Tax Act and GST.
Tax Guru

Bombay HC Quashes GST Notice for Clubbing Multiple Financial Years Under Section 74

Holding that the GST Act prescribes separate assessment and limitation for each year, the Court quashed a notice combining multiple tax periods. Authorities were granted liberty to issue fresh notices ...

₹4.17 crore sanctioned for Chirala Handloom Cluster, Minister tells A.P. Assembly

Andhra Pradesh government sanctions ₹4.17 crore for Chirala Handloom Cluster and considers GST exemption for handloom ...
Tax Guru

Kerala HC Strikes Down Single GST Notice for Multi-Years for Lack of Statutory Basis

The Kerala High Court set aside composite notices issued under Sections 73 and 74 of the CGST/SGST Act for multiple assessment years. It held that such notices prejudice taxpayers and exceed statutory ...