What Is The New Income Tax Bill 2025? Explained
Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...
Tax imposed on unauthorised structure in slum does not legalise it: BMC
The Brihanmumbai Municipal Corporation (BMC) on Thursday decided to impose property tax on all commercial establishments in slum areas but categorically stated that the imposition of the tax will not ...
Explainer: How India's tax rate tweaks will boost middle class spending
The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...
Union Budget 2025 HIGHLIGHTS: No income tax till Rs 12 Lakh income under New Tax Regime
The Union Budget 2025 is being presented today (February 1) by Finance Minister Nirmala Sitharaman. This is her eighth ...
Budget 2025: Comparing India's tax structure to other Asian economies
India’s tax burden is alarmingly high, and the middle class is paying the price. With individual tax collections soaring by ...
The Hindu18d
Tax avoidance treaties: India sets new norms for claiming benefits
The income tax department has come out with a fresh guidance note on the applicability of the Principal Purpose Test (PPT) for claiming tax treaty benefits, which will apply prospectively.
The New Indian Express18d
No small fry! Malayalis’ beloved banana fritter caught in tax tangle
Although HSN codes are standardised globally by the World Customs Organisation, countries can set their own tax rates for each code. In India, the GST Council is responsible for deciding these rates.
Fortune18d
India set to take back 18,000 citizens from U.S. to placate Trump
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The Telegraph18d
With Donald Trump's return, corporate tax egg on Narendra Modi government's face
India is carefully evaluating its response to Trump’s decision. Industry will be hoping it will lead to a throwback to the equalisation levy – commonly referred to as the Google Tax –introduced in ...
Wall Street Journal19d
A ‘National Tragedy’ in India: Popcorn Is Taxed Three Ways
A seemingly routine ruling by India’s top tax officials went off like metal in a microwave. The government laid out a three-tiered system for taxing popcorn depending on if it is packaged or ...
Commercial Appeal19d
Could Mississippi get rid of its state income tax? What Mid-South residents should know
The Mississippi House of Representatives passed a tax cut that would eliminate the state income tax among other measures. There is uncertainty as to whether the Senate will pass the Bill ...
Hindustan Times19d
Income Tax raid at offices, homes of ‘Pushpa-2’ producers
The Income Tax department raided the homes and offices of producers linked to Pushpa-2 and Dil Raju in Hyderabad, probing potential tax evasion. The Income Tax department conducted raids on ...