This roundup captures key tax, GST, customs, and financial sector updates released during the week. The key takeaway is improved clarity on exemptions, compliance, and regulatory ...
Union Budget 2026 should announce reforms across taxation, insurance and pension sectors to boost household financial savings ...
The report highlighted that bank deposits as a share of household financial savings have declined from 38.7 per cent in FY24 to 35.2 per cent in FY25. To encourage savings through the banking system, ...
According to SBI, household savings are shifting away from banks, insurance coverage is falling, and the pension system needs stronger support. The report said timely policy changes in the upcoming ...
Ahead of the Union Budget 2026, the State Bank of India has proposed tax reforms to boost household savings and ease ...
Done right, amnesty would signal a shift from dispute management to dispute prevention, strengthening trust, certainty and ...
The integration of AI in tax processes can streamline invoice management, improving accuracy and freeing teams for higher-value tasks.
In one case, the allegedly fraudulent Input Tax Credit (ITC) was to the tune of approximately Rs 252.66 crore, involving a ...