The new tax regime is a significant reform that will bolster India's semiconductor and electronics manufacturing ecosystem, ...

Bombay High Court in CIT-8 vs. Calibre Personnel Services Pvt. Ltd. addressed the disallowance of unpaid service tax under Section 43B of the Income Tax Act for Assessment Years 2007-08 and 2008-09.

A lawyer for an Indian unit of German carmaker Volkswagen said on Monday the country's $1.4 billion tax demand could become a ...

In a tumultuous global disposition ridden with economic downturns and the US action on tariff structures, evident fall in ...

The proposed Income Tax Bill, 2025 aims to simplify the tax system with a reduction in sections and word count, introduce a ...

Carmakers and local authorities in India are embroiled in $6 billion worth of tax disputes spanning years of scrutiny by the ...

The Goods and Services Tax (GST) has been a cornerstone of fiscal reform in India. The shift to GST aimed to dismantle the complex, multilayered national tax structure and replace it with a more ...

However, as CHART 2 bears out, when it comes to the total tax revenues as a share of total national GDP is concerned, India ranks fairly low; well below 20%. Most developed countries in Europe manage ...

Investors can sigh relief for the 2024 tax year. Despite the capital gains inclusion rate being changed as of June 25, 2024, it has since been delayed until 2026 by the Department of Finance Canada.

The law cut corporate tax rates permanently and individual tax rates temporarily. Source: Internal Revenue Service The new law capped the deduction for state and local taxes at $10,000 through 2025.

NavIC "is India’s independent regional navigation satellite system designed to provide accurate Position, Velocity and Timing (PVT) service to users in India as well as the region extending ...