An Allahabad High Court ruling states a wife's education or earning potential does not disqualify her from maintenance. The court considere...

The Comcast $117.5 million settlement has triggered a nationwide rush as millions of Americans now check eligibility for a possible $10,000...

India's competition watchdog has launched a probe into French liquor giant Pernod Ricard. Allegations suggest exclusive deals with retailer...

Millions may miss money tied to the IRS COVID Refund Deadline 2026 Claim, set for July 10, 2026. This is not routine tax news. It stems fro...

Tata Trusts is currently under the microscope due to its ongoing trustee appointments. Recent legislation in Maharashtra has placed limitat...

The New Delhi Municipal Council is adopting a new property tax system. This move to the Unit Area Method will bring fairness and predictabi...

India Inc seeks clarity on General Anti-Avoidance Rules (GAAR) for payments to foreign entities after a Supreme Court ruling. The govt offe...

A joint panel will be formed by the corporate affairs ministry and CBDT by March-end. This initiative aims to align tax computation rules w...

Assessing officers have identified cases where the I-T department has filed appeals in courts for settlement and in cases where the interes...

Disputes are resolved by paying outstanding taxes while getting a waiver of interests and penalties.

As per Grant Thornton's Pre-Budget Corporate Expectations Survey - 2016, the upcoming Budget will bring tax reforms for minimisation of lit...

In their pre-budget consultation with Jaitley tomorrow, industry chamber CII is likely to demand lowering of corporate tax rate to near 20 ...

Finance Ministry said phasing out of tax exemptions will reduce litigation and lower corporate tax rates will make India a more competitive...

Drawing a comparison, he said the corporate tax rate was 25 per cent or less in other ASEAN nations, which were India's main competitors.

The FM has decided to scrap a range of exemptions in the corporate tax regime that have led to litigation and loss of revenue and has propo...

In order to reduce litigation in direct taxes, Jaitley had propose to make certain legislative and administrative changes.

Corporates and banks will not have to establish a debt as a ‘bad debt’ in order to claim tax deduction, according to a recent Supreme Court...