Chief economic advisor Arvind Subramanian has recommended a standard GST rate of 17-18% for all services, higher than the 14.5%…
Government prepares to adopt a new regime proposed by the OECD and G20 nations
To soften the blow to the industry from the phasing out of corporate tax incentives, the government is considering some…
The National Democratic Alliance (NDA) government is likely to propose amendments to six laws next year towards bringing in the…
With Taiwanese electronics contract manufacturing major Foxconn keen to set shop in the country, the Central Board of Excise and…
Suggest Easwar panel on Income Tax Act should also make safe harbour profit margins more realistic
Mauritius has made a strong case for Indian businesses to set up manufacturing or investment companies in the island nation…
The declining trend in the income tax department’s estimates of alleged income suppression by multinational companies would get buttressed, thanks…
Tax on global income only if managers are in India
Firms have to join in two years or forgo tax breaks
Finance minister Arun Jaitley may start with just token measures to phase out corporate tax exemptions in the Budget for…
CBDT directive calls for transfer price audits only when the revenue risk is high
The income tax department will withdraw from a few hundreds of tax cases with multinational corporations pending in tribunals by…
The standard rate of GST (including the central and state components) proposed by different agencies vary between 18% and 27%.
Under the new accounting rules, banks will have to add foreign exchange gains to their taxable income in the current…
While the Indian industry’s growth stuttered in recent years, the pharmaceutical sector seemed to hold its head high with a…
With the new accounting standards for tax purposes coming into force from the first quarter of this fiscal year, companies…
I don’t think much would survive in the Castleton case now because the government has accepted our MAT-on-FPI report. They…
