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3 mins read

Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds

The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…

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2 mins read

Supreme Court’s landmark ruling in the Samsung Heavy Industries case could have a positive effect on ease of doing business in India

It took 14 years for the Samsung subsidiary to get a ruling in the case, but it has likely clear…

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1 min read

Govt approves pact between India-Chile for avoidance of double taxation

New Delhi, Nov 27 () The Union Cabinet on Wednesday approved the signing of the Double Taxation Avo…

PTI   


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1 min read

Bitcoin slides below $50,000 with $260 billion wiped off the crypto market as Biden's tax proposals crush risk appetite

The crypto market has come under fresh pressure after reports that President Joe Biden is looking t…

Shalini Nagarajan   


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Tobacco farmers' body urges govt for 'pragmatic' approach on cigarette taxation

He further said the hike in NCCD was unexpected as several representations were made to the govern…

PTI   


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Biden plans to nearly double the capital gains tax rate to as high as 43.4% for wealthy Americans, report says

While President Joe Biden isn't proposing an outright wealth tax, Bloomberg reports he would target…

Juliana Kaplan,Grace Kay   


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1 min read

Big relief for foreign portfolio investors! Tax dept holds circular on multiple taxations

FPIs feared multiple taxations after the Central Board of Direct Taxes (CBDT) came out with a notif…

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2 mins read

Tour operators want Arun Jaitley to exempt service tax on foreign exchange during inbound trips

"Travel and tourism is one of the highest foreign exchange earners for the country. The industry is…

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India to surpass half a billion mobile subscribers by end of the year: GSMA

As per The Mobile Economy: India 2015 report, the industry accounted for 6.1 per cent of India'…

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Modi gets $10 billion from South Korea, two days after signing deals worth $23 billion in China

​South Korea decided to provide $10 billion to India for infrastructure, development of smart citie…

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Trump is doubling down on a payroll tax cut that has slim GOP support and would do virtually nothing to help jobless Americans

The president said he may not sign an economic relief bill that doesn't contain a payroll tax holid…

Joseph Zeballos-Roig   


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Trump's Treasury pick just doubled down on a budget trick that will steal from an entire generation

"His proposal would cut taxes at all income levels, although the largest benefits, in dollar and pe…

Linette Lopez   


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2 mins read

Americans living overseas face being taxed twice. Donald Trump wants to change that.

Donald Trump takes aim at the "double taxation" policy for Americans living overseas, which was int…

Theron Mohamed   


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5 mins read

What a Trump or Harris presidency would mean for your tax bill

BI looked at how Harris and Trump's tax policies could impact high- and low-income earners, as well…

Juliana Kaplan,Bryan Metzger   


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Five things to remember as you file your ITRs at the last minute

ITR-1 form is designed for resident individuals who have income from salary, one house property, an…