The Indian Government has made a few tweaks to the norms of foreign portfolio investors (FPIs) to attract funding for the Indian capital market. What has happened? The...
There were several reports in the social media that a few taxpayers were facing issues in filing the returns. What had happened? Unverified reports in the social media...
The Indian tax regime is said to be under a myriad of structural challenges. India has one of the highest effective corporate tax rates and personal income tax...
Concerns of the slowing down economy, need to pump capital to revive job creation had led to speculation that the Finance Minister would deviate from the path of...
While most economists had anticipated that the government might impose an inheritance tax on the super-rich, the government has not decided to follow through this time and has...
As per a report made public by the Swiss National Bank (SNB), the money deposited by Indian individuals and enterprises in various Swiss banks has reduced by nearly...
The income tax department has changed the method to tax multinational companies and digital firms with permanent establishment in India by taking into account various factors like domestic...
The government has increased the tax-free gratuity income limit to Rs 20 lakh. This move will benefit the public as well as private sector employees. What is Gratuity?...
The Central Board of Direct Taxes (CBDT) has formed a four-member committee to look into the matter of taxation related pain points and submit its final report and...
As per the information provided by Minister of State for Finance Pon Radhakrishnan to the Lok Sabha 61 individuals who declared an income of more than Rs 100 crore...
The Union government has approved Integrated E-filing and Centralised Processing Center 2.0 Project of the Income Tax Department to enhance the efficiency of income tax administration system in...
The Reserve Bank of India (RBI) has made changes with the Gold Monetisation Scheme (GMS) to allow charitable institutions, central government entities and state government entities to deposit...
