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Airport industry to see profit before tax of $1.3 billion this fiscal
"The topline will grow due to an increase in aeronautical revenue along with the receipt of…
PTI
India signs customs mutual recognition agreements with seven nations; Actively pursuing more, says CBIC chief
India has signed mutual recognition agreements (MRAs) with customs authorities of seven nations and…
PTI
GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18 pc GST on insurance premiums
O'Brien also expressed fear that levying a high GST rate on health and life insurance might lead to…
PTI
As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals
A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…
Infosys says Karnataka govt withdrawing pre-show cause notice on GST notice
Infosys says that the Karnataka State authorities are withdrawing the pre-show cause GST notice iss…
ANI
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
PTI
Note floated to seek distinction between online game of skill, game of chance for FDI
Certain quarters raise objections as they relate online gaming with gambling and betting. There are…
PTI
Have foreign assets or income? Not disclosing it may lead to heavy penalties
Recently, the IT Appellate Tribunal of Mumbai imposed a penalty of ₹10 lakh per year on taxpayers w…
Indian pharma industry to log in 8-10% revenue growth this fiscal: Crisil
In addition, sale of existing drugs and new launches will drive 3-4 per cent volume growth, h…
PTI
Indian traders demand resumption of border trade with China through Lipulekh pass
Indian traders involved in border trade with China through the Lipulekh pass in Pithoragarh distric…
PTI
India should use calibrated retaliation mechanism to deal with EU's carbon tax, says report
India should positively consider imposing retaliatory customs duties in a calibrated manner on cert…
PTI
Income Tax dept to hire 50 young law, accountancy grads for better litigation at ITATs
The Income Tax Department has decided to temporarily hire 50 young law and chartered accountancy gr…
PTI
Two Japanese banks set to start operations in GIFT City: IFSCA chief
Two more Japanese banks are set to join 10 foreign and 16 local banks in the tax-free GIFT City, wh…
PTI
Sanjay Shah, a British-Indian in Dubai, to be extradited to Denmark for $1.7 bn tax fraud
The British citizen, Sanjay Shah, is accused of money laundering and committing tax fraud to the tu…
Are you moonlighting? Here is what to know when filing your taxes
Moonlighting is the act of engaging in a secondary job or additional work alongside one's primary e…
Indian metal shares surge as demand hopes build after China’s $220 billion stimulus plan
Shares of metal companies surged in the last hour of trading on expectations of strong demand from …
New TCS regulations may pinch your wallet while travelling abroad. Here’s how you can minimise the impact
A threshold relaxation of ₹7 lakh per financial year from TCS has been given only for overseas spen…
BBC India survey indicated tax evasion on remittances, discrepancies in transfer pricing: Govt
The Income Tax Department gathered several evidences pertaining to the BBC India's operation which …
ANI
Infosys says it appealed against UK's corporation tax assessment
Infosys, a software services company, admitted on Tuesday that it has appealed against a corporatio…
PTI
A tax guru explains all that is wrong with Indian government’s latest requirement for startups to disclose creditors’ source of income
While the government of India has set forth the agenda of “trust-based governance”, it has also iss…