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Interim Budget 2024: FY25 capex hiked 11%; no change in tax slab, says FM Sitharaman

Finance Minister Nirmala Sitharaman is presenting the Interim Budget 2024-25 at Parliament on Thurs…

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6 mins read

Are you an NRI having income in India? Here’s how you will be taxed

You are a non resident Indian (NRI) if you live abroad. More specifically, you are classified as "n…

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How did India help the United States of America achieve independence?

How did India, a subcontinent teeming with its own political dramas and economic riches, contribute…

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Changes in Mauritius tax treaty have paved way for changes in similar treaty with Cyprus

As per a senior government official, talks for this purpose are at an advanced stage, and both coun…

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Have income from foreign source? Keep this in mind while filing taxes

The Income-tax Act, 1961 does not provide a specific definition for the term 'foreign income.' Gene…

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G20: How India emerged as the voice of Global South

Throughout its presidency of the G20, India shares a vision of being the voice of the Global South …

ANI   


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Looking to invest in Facebook, Amazon and Apple shares from India -- These are the taxes you may have to pay

In fact, with the growing number of investment platforms, it has become even more convenient to …

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Paris is becoming the new tax haven, Citi warns Finance Ministry

Over the past few months, a few leading foreign portfolio investors (FPIs) have established…

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2 mins read

OPINION: Retrospective tax — Putting an end to a long-standing controversy

The retrospective amendments attracted a lot of attention, both when they were first introduced in …

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1 min read

Vodafone wins $2 billion tax dispute case against the Indian government

Vodafone Group Plc has won the $2 billion tax dispute case against the Indian government. The case …

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Singapore tax treaty needs to be amended, says finance minister

However, he didn’t state the time by when this renegotiation would be done, saying that it "is a se…

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India-Mauritius tax treaty has been amended, and it’s time for the Indian government to make some changes in the Singapore treaty

"We will start negotiations with them soon," a senior government official told ET. By tweaking the …

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HSBC Swiss bank account holders might get spared by the I-T deptt

In Jindal’s case, the Delhi bench of the tribunal said that even though the assessing officer told …

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3 mins read

Cairn says it has identified Indian assets for seizing should it be not paid

The firm has moved courts in nine countries to get the arbitral award registered and recognised.…

PTI   


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Cairn Energy files claim for $5.6 billion compensation from India over tax demand

The total compensation sought is equal to the tax demand raised and the value of Cairn Energy's 9.8…

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Mauritius tax haven no more? India signs new deal to prevent abuse of tax avoidance treaty

With the signing of the amendment to the Double Taxation Avoidance Convention (DTAC) with Mauriti…

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4 mins read

Indian government brings in a bill to bury the infamous retrospective tax that haunted Cairn and Vodafone for nearly a decade

In a bid to bury the ghost of retrospective taxation, the government on Thursday brought a bill in …

PTI   


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You could get permanent residency in Cyprus or Greece for the price of a mid-to-upscale apartment in Mumbai and Delhi

Permanent residency programmes in Cyprus and Greece are attracting lots of Indians as all economic …

PTI   


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OPINION: These tech issues need clarity and amendments

India’s tax regime is being geared up to cover newer tech business models. However, …

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If you are a YouTube creator, you may have to pay $24 as tax for every $100 you make

In a daunting news for the Youtube creators in India and outside US, the search engine giant Google…