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Latest Articles in taxation

FM Sitharaman Says Looking At How Best To Sort Out Cairn Arbitration

Cairn challenged the move before an arbitration tribunal in The Hague, which in December awarded it USD 1.2 billion (over Rs 8,800 crore) plus costs and interest, which totals USD 1.725 billion (Rs 12,600 crore) as of December 2020.

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RBL Bank Targets More SME Borrowers After Tie-Up With UK-Based Biz Solutions Provider Tide

The gross advances were up by 2 per cent y-o-y at Rs 60,012 crore compared to Rs 58,966 crore a year ago.

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Budget Should Be Favourable To Common Taxpayers

Tax relief in the form of a conditional weighted deduction for salaries paid, corresponding to the impacted period, would aid disrupted employers.

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Budget For The “Decade Of India”

Develop a revolving 10-year Vision statement for each of financial services regulators in terms of their approach and ability to develop their sector and add to the GDP growth.

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Why Is The Petrol Price Rising?

The rise in price is due to increase in taxation by the centre and the state, to make up for loss of revenue during the lockdown. Excise duty by centre and VAT by state govt escalates prices.

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Introduce Uniform Taxation on Smokeless, Other Untaxed Tobacco Products: Shram

Shram, a self-help a group with large number of doctors and professionals have appealed to the Health Minister to regulate the unorganized manufacturing, distribution and sale of smokeless and other non-Virginia tobacco in India to curtail its widespread consumption via imposing a uniform tax regime and other necessary steps.

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Goods And Services Tax – The Pathbreaker

The GST regime came in with the noble objectives like expansion of India’s narrow tax base, creation of a common national market, elimination of cascading effect of taxes, boost to the economy and improvement of India’s ranking on the ‘Ease of Doing Business’ index.

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COVID-19 An Act Of God May Lead To Contraction Of Economy: Sitharaman

The National Statistical Office is expected to deliver its assessments of (GDP) for the primary quarter of this monetary on August 31.

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Income tax arrears under dispute increased by 129% in five years: Congress

Income tax arrears under dispute increased by 129% in five years: Congress

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Scrutiny Of Tax Returns Has Been Cut To One-Fourth After Reforms: PM Modi

"The emphasis is on making every rule-law, policy people-centric, and public friendly. This is the use of the new governance model and the country is getting its results,"

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Taxation Of Dividends: From Changes To Tax Considerations

DDT abolished and dividend being taxed in the hands of the shareholder, in order to avoid double taxation on cascading of inter-corporate dividends, the Finance Act, 2020 has introduced section 80M to the IT Act.

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Budget 2019: Taxation Measures To Stimulate Telecom Growth

Some key expectations for the sector from the upcoming Budget are:

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India Is One Of The Highest Taxing Nations In The World: Trump

Trump has repeatedly claimed that India is a "tariff king" and imposes "tremendously high" tariffs on American products

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Modern Taxation In India: Driving Digital Transformation In Finance

More information is being captured now at every level in order to ascertain hidden wealth and income levels of people

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Foreign Reinsurance Companies Hope For Unequivocal Income-tax Rules

A special code of taxation, that is fair and unambiguous, be introduced for foreign reinsurance branches

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