« Top Headlines » Open DEMAT Account in 24 hrs  ITR Filing: 6 Ways to Get Exemption on Income Tax  Income Tax Return Filing: 10 Mistakes To Avoid When Filing ITR For AY 2024-25  Old vs New Tax Regime: Who should move to the New Tax Regime from the old one?  Income Tax Calculator FY 2023-24: How To Know Your Tax Liability Online On IT Dept's Portal?  BackBack Income Tax Act amendment on cards on tax treatment of MSME dues  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing. Check details here  Income tax slabs FY 2024-25: Experts share these 8 benefits for taxpayers in new income tax regime  How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals «  Is `investment research' for overseas client `export of... Pharma sector mulls alternative tax incentive package... » Assocham's Budget wish-list January, 09th 2007 Besides seeking reduction in corporate tax to 25 per cent from the existing 30 per cent, industry chamber Assocham will also urge the Finance Minister to set up a committee comprising representatives of the Centre and states to finalise the structure for the Goods and Services Tax (GST) during its pre-budget discussions on Tuesday. The replacement of multiple taxes by the GST will increase the tax GDP ratio by two per cent with Rs 70,000 crore per annum, according to the chamber. Apart from providing revenue buoyancy, the GST will simplify the tax structure, reduce tax administration and compliance cost. It will also improve the competitiveness of the domestic industry by eliminating the cascading effect of taxes on production cost.