Tesla's official entry into India highlights the significant price difference for its Model Y, costing Rs 60 lakh compared to ...

Experts told CNBC that Tesla will compete in the premium segment of the market with the likes of BMW, rather than with local ...

Bombay High Court directs reconsideration of a Sabka Vishwas Scheme declaration, ruling that admitted service tax liability before the cut-off date constitutes ...

Foreign tax credit is a key relief for Indian taxpayers with foreign income, but ambiguities in domestic laws and DTAAs remain. To avoid litigation, taxpayers must closely examine both domestic tax ...

The New Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has stated that bank charges paid to foreign banks are not liable to service tax under the reverse charge mechanism.

Understanding Income Tax Regimes: Old vs New – A Complete Guide In this article, we will dive deep into both tax regimes - Old Tax Regime and New Tax Regime. The write-up will explain features ...

Samsung has asked an Indian tribunal to quash a $520 million tax demand for allegedly misclassifying imports of networking gear, arguing officials were aware of the practice as India's Reliance ...

In the Samsung case, tax authorities in January asked Samsung to pay $520 million for evading the 10-20% tariffs by misclassifying imports of a key mobile tower equipment, which it then sold to ...

Cuttack: Orissa high court has held that income of individual legal practitioners is exempted from service tax levy, while quashing tax demand and rec.

The guidelines were issued in July 2022 for preventing unfair trade practices and violation of consumer rights concerning levying service charge.

India is set to remove the 6% equalisation levy, commonly referred to as the 'Google tax,' on digital advertising services provided by foreign technology firms like Google and Meta. The decision ...