India can use global challenges to speed up reforms and build stronger supply chains. Union Minister Piyush Goyal stated that India aims to...

Not having a nominee in mutual funds or demat accounts doesn’t mean your investments are lost—but it can make access difficult for your fam...

The Finance Ministry is set to discuss customs warehousing benefits for imported battery storage systems. Industry groups have raised conce...

87A tax rebate: The Honourable Bombay High Court said recently, "By way of interim relief, the... Central Board of Direct Taxes is hereby d...

Well-known firms of audit and tax professionals have requested the finance ministry to defer the new reporting forms.

JCCI president Arun Gupta said the strike call was taken after a series of meetings with civil society members and other organisations of t...

The government had introduced a new section (194R) to the Income-tax Act, under which a 10% TDS was to be levied from July 1 on transaction...

When a taxpayer earns long-term capital gains from any asset (other than a house), the I-T on the gains can be saved by taking the benefit ...

The latter stand to benefit because of a rebate mechanism, that was introduced by the interim budget of 2019. A rebate is a deduction from ...

The buyback taxation should go just like the MoF did with the dividend distribution tax (DDT) that companies paid earlier, they said. “Shar...

The Chamber of Tax Consultants has challenged the constitutional validity of provisions dealing with the ‘Faceless Appeal Scheme’.

One of the oldest industry bodies of professionals has argued that there is a reasonable apprehension in the mind of the taxpayers that thi...

Some of the tax advisors have also reached out to the finance minister and the Central Board of Direct Taxes (CBDT) in this regard. Transfe...

The new black money law is creating panic and confusion among taxpayers, Assocham said, while asking the government to hold wider consultat...

The current guidelines are subjective and prone to misuse, and the timing is not right for such a regime, the apex business chamber said.

A recent Authority for Advance Rulings decision makes business with the Indian non-profit sector more attractive for the foreign universiti...

The income foreign universities earn by providing consultancy services to industry chambers or other non-profit organisations in India is n...