The bill reduces the number of chapters from 52 to 23 and pages from 823 to 622, eliminating redundant and obsolete provisions. This structural simplification makes the tax code more accessible and ...

Weak domestic consumption in urban areas, muted export demand and an influx of cheap Chinese imports in some sectors were ...

Earlier this month, Wisdom Hatch founder Akshat Shrivastava flagged India's high indirect taxes. "Europe and India have some ...

Taxpayers should consider a few key factors before making a choice. The old regime allows deductionswhereas the new regime ...

The presumptive taxation scheme has been established for foreign electronic manufacturers to override other provisions, ...

Securities transaction tax (STT) collections also recorded a sharp increase, reaching Rs 53,095 crore, compared to Rs 34,131 ...

The Indian units of MNCs typically pay their foreign parents 1-2% of outstanding debt as a fee for such guarantees. The ...

Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of ...

While global funds marked their first weekly purchase of local stocks in 2025 last week, they have been big sellers this year ...

NEW DELHI, March 23 (Reuters) - India's government has told a court in Mumbai that agreeing to Volkswagen's demand to quash a $1.4 billion tax bill would have "catastrophic consequences" and ...

The primary contention of the appellant, represented by the learned Additional Solicitor General (ASG), before the Supreme Court was that the statutorily prescribed rate of interest under Section 244A ...