Some, however, say it could hurt Indian companies offering services such as online travel bookings. The tax aimed at providing a level play...

The government raised the deduction limit to 14 per cent from 10 per cent for employers' contribution for the National Pension System (NPS).

India has said it will allow US multinationals to reduce tax liability to the tune of 2% equalisation levy paid in India

India collected a total of Rs 2,057 crore in equalization levy last fiscal, up 85%.

India gets about Rs 4,000 crore through equalisation levy on multinational tech firms like Facebook, Amazon, Apple, Google and Netflix, but...

The framework, which India is also seeking to adopt, was aimed at global tech giants that large economies think are escaping taxes.

India on Friday joined 130 countries in the G20-OECD inclusive framework to reform international tax rules to create a new global tax regim...

The USTR said the goods that would face the punitive tariffs had an estimated trade value of about $119 million in 2019. The UK, Italy, Spa...

Experts said India can raise a dispute at the World Trade Organization (WTO) if the US imposes any such tariffs, and draw up its own list o...

Sitharaman said the tax exemption for the National Bank for Financing Infrastructure and Development (NaBFID) was necessary since building ...

The first instalment of EL 2.0 was due on 7 July 2020. The stakeholders expected the government to defer the levy for some time, considerin...

A group of seven top industry associations representing internet and technology giants such as Google, Facebook, Amazon, Microsoft and Adob...

Stakeholders request finance ministry to withdraw dividend distribution tax

The scheme provides an opportunity for settlement of cases emanating from retrospective amendment of tax laws, by asking companies to pay t...

"The tech startups are already paying 14.5% service tax to use these ad platforms which amounts to an estimated Rs 906 crores of taxes to t...

IAMAI said this provision of the Finance Bill has its genesis on a consultation paper by the Central Board of Direct Taxes (CBDT).

NEW DELHI: THE differences between the finance and petroleum ministries on the dismantling of APM have zeroed in on three main issues.