India’s combined tax-to-GDP ratio stands at 19.6%, ahead of emerging markets such as Hong Kong, Malaysia and Indonesia, but well…
India’s net direct tax collections climbed 16.4%, led by corporate tax gains; read the key figures.
Florida lawmakers debate blocking $3.5 billion in corporate tax breaks linked to Trump’s tax plan as Senate Republicans push to…
Proposed Minimum Alternate Tax (MAT) changes in Union Budget FY27 will significantly affect infrastructure, SEZ units, renewables, electronics and auto…
excise duty collections declined by 1.66% in FY25, and recorded steeper drops of 19.16% in FY23 and 4.28% in FY24.
India’s corporate tax collection has more than doubled in just four years, soaring from Rs 4.57 lakh crore in 2020-21…
On the indirect tax front, Central GST collections rose 5.8% to Rs 4.7 lakh crore in H1FY26, against an 11.2%…
The government’s call should be seen as a chance to reinvent consultancy itself.
FY25 direct tax collections rose 13.57% to Rs 22.26 lakh crore but fell 0.7% short of revised estimates due to…
The new decision specifies the cases in which a non-resident juridical investor in a Qualifying Investment Fund (QIF) or Real…
In the financial year 2024-25 (till March 16, 2025), the government’s net direct tax collection reached Rs 21.26 lakh crore,…
Warren E Buffett said that Berkshire Hathaway has paid more in corporate income tax than the US government had ever…
Budget 2025-26 raises questions over the absence of corporate tax changes, with Finance Minister Nirmala Sitharaman focusing on personal income…
The first slab can be from Rs 4 lakh to Rs 7 lakh instead of Rs 3 lakh to Rs…
While several major tax reforms introduced in 2024 underscored the Government’s objective, among other things, to simplify tax structure, reduce…
Adidas said in a statement it has been in contact with customs authorities for several years about the matter and…
The US is the largest market for India’s $254 billion tech sector where its overall contribution is $80 billion to…
India’s tax-to-GDP ratio is “definitely” not low, rather “well above” where it should be, when compared to other middle-income economies,…