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Covid effect: Many now in a hurry to create wills to secure family wealthThere has been a spike in registration of wills, succession planning at family businesses, and estate planning over the last year. Moreover...- Rush for wills to secure family wealth in CovidSuccession Plans, Separating Personal Assets From Biz Help Battle Pandemic Uncertainties
- Investors stuck with under construction properties may see tax benefits following change in government regulationsThe government on Thursday relaxed these regulations a bit. The government has now allowed that the properties could be sold at 20% lower p...
- Govt announces 25% cut in TDS/TCS rate for non-salary paymentsThe reduction will kick into effect from May 14 and will be valid on payment for contract, professional fees, interest, rent, dividend, com...
- India to consider shifting dividend tax to investors from firmsThe budget statement due Feb may include a proposal to tax dividends once they are paid to shareholders.
- Concerns over multilateral instrument - MLIs: A new worry for FPIsMLI is an agreement put out by OECD to stop BEPS, a practice referring to tax avoidance strategies that exploit gaps and mismatches in tax ...
- Corporates expect Budget 2016 to lower cost of doing businessIndia Inc expects the Budget to simplify tax laws and increase compliance, apart from improving both the ease and cost of doing business.
- Budget 2016: There is a very good case to scrap MATThe genesis of the levy of this tax was that companies which paid zero tax, paid hefty dividends to their shareholders, many of whom paid n...
- Law firms launch Society of Trust and Estate Practioners in IndiaThe Society of Trust and Estate Practioners, or STEP, initiated its India chapter on Tuesday.
- Difficult declaration terms make black money law a Catch-22 choiceIf anyone makes an incorrect declaration, then the entire declaration will be treated as null, and the tax and penalty paid will not be ref...
- Budget 2015: GAAR on hold for two years, DTC abandonedFinance minister Arun Jaitley said the General Anti-Avoidance Rules (GAAR) will be deferred for two more years and investments made till Ma...
- Experts hail GST roadmap, Gaar deferment, tax predictabilityKPMG India's Girish Vanvari said, "the Budget lays down a clear roadmap for GST implementation and attempts to deal with black money in a c...
- Income Tax Appellate Tribunal says Marriott Indian franchisees’ revenue is taxableThe hotel chain had declared nil income in its Indian tax return, claiming that its receipts were reimbursement of expenses on the basis of...
- Experts from KPMG and others advise Nokia to settle tax row amicablyConciliation, and not aggression, is the feasible option for Nokia to resolve its incometax dispute in India.
- Meet targets or face music: CBDT chief tells officialsThere is also a drive to raise revenue from demands disputed at the appellate levels such as CIT-A and Income-tax Appellate Tribunal.
- HC ruling on Vodafone deal to hit cross-border M&AsCompanies indulging in cross-border transactions may have to brace up for closer scrutiny from tax authorities.
- Charity ends when profits start kicking inIncome generated by charitable trusts from other activities has been brought under tax net. The move could impact many an institution.
- I-T wants to limit tax sops to educational institutionsAfter levying a tax on educational institutions receiving anonymous donations, revenue authorities now want to restrict the scope of other ...
- Tax: Home and awayIndian tax laws are still a nightmare for the NRI's dollar dreams.
- Govt to move SC on FII tax treatyThe Central government will soon move the Supreme Court to appeal against the Delhi High Court decision quashing the April 2000 CBDT circul...
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