Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

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 ...

The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...

The Union Budget 2025 is being presented today (February 1) by Finance Minister Nirmala Sitharaman. This is her eighth ...

India’s tax burden is alarmingly high, and the middle class is paying the price. With individual tax collections soaring by ...

Indian tax authorities should have paid heed to Robert Burns’ warning before rolling out taxation on virtual digital assets (VDAs) in the 2022 Budget. VDA is an umbrella term for things like ...

The widely adopted new tax structure announced in 2021 does a good job of simplifying ... there is a unique opportunity to introduce reforms that can address critical gaps in India’s tax framework.

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.

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.

© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and ...

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 ...

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 ...