The proposed profit attribution rules under India's income tax law seek to put in place an objective and balanced framework ...

The budget proposes stricter monitoring of income earned abroad by NRIs through amendments in tax treaties and compliance ...

Among the most significant announcements was the introduction of a new income tax regime that exempts individuals earning up to Rs1.2 million from tax ...

The Income Tax Bill, approved by the Cabinet on Friday, will not have any rate surprises. The bill is a major exercise in ...

Partners across the country say the latest rules will boost confidence in the Indian market and enhance its attractiveness ...

Gifting is a heartfelt way to express love and affection towards our dear ones. In 1958 by Parliament of India, the gift tax ...

NEW DELHI, Feb 2 (Reuters) - Volkswagen has sued Indian authorities to quash an "impossibly enormous" tax demand of $1.4 ...

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

Indian tax rules could require Kia to pay up to $310 million if it loses the dispute, or roughly double the amount evaded, due to penalty and interest. The latest available corporate filings in ...

The new popcorn taxes that India introduced while implementing the Goods and Services Tax has become a hot topic on social ...

The simplification of ITR forms has been a welcome change for NRIs. However, e-verification of ITR form to successfully ...

Historically, India's tax policies have been relatively lenient ... by NRIs through amendments in tax treaties and compliance rules. Some of the key changes include: Greater scrutiny of foreign ...