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Tax Reform

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SC quashes parts of tribunals reforms law as unconstitutional

The Supreme Court on Wednesday struck down several provisions of the 2021 tribunals reforms law related to the appointment, tenure, and service conditions of members of various tribunals, saying......

'Double dose of reforms': Modi hails 'simpler' GST

GST 2.0 is a double dose of support and growth for the nation and the next-generation reforms have been done to support India's progress in the 21st century, Prime Minister Narendra Modi said on......

Why US-China Face-Off Is Advantage India

Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay......

Nitish Kumar gives up home portfolio after 20 years

The home portfolio of Bihar, which Chief Minister Nitish Kumar kept with himself all through his nearly 20-year-long tenure, has been given to his deputy, Bharatiya Janata Party leader Samrat......

Tharoor backs Bihar voter review, hails GST reforms

Congress MP Shashi Tharoor on Sunday said the Special Intensive Revision (SIR) exercise being conducted by the Election Commission of India (ECI) was 'essential', as electoral rolls were not......

GST reforms injected Rs 2 lakh crore into economy: Sitharaman

Union Finance Minister Nirmala Sitharaman on Wednesday said the Next Gen GST reforms have infused Rs 2 lakh crore into the economy, which has left people with more cash on hand, which otherwise......

'Strong Reforms, Not Panic, Will Help Ride Out Rupee's Weakness'

'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.' Illustration: Dominic Xavier/Rediff The rupee touching the 90......

GST 2.0 Needs Deeper Reforms

Since items in the 12% category account for only about 5% of total GST, the additional boost to consumption may not be significant, points out M Govinda Rao. Illustration: Dominic Xavier/Rediff  ......

1 in 3 Decade-Old Tax Cases Still Unheard

'Tax cases are technical in nature... Many high courts do not have a tax bench, which also contributes to the delay.' Illustrations: Dominic Xavier/Rediff   A food product company in Andhra......

With firefighting behind them, insurers can now shift gears and focus on growth

Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. Illustration: Uttam Ghosh The events......

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