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DELOITTE TAX LLP
FPIs get tax relief on gilts, ease of InvestmentIn a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...- At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...
- Net FDI inflows dip, investors opting for Mexico, VietnamOfficials and experts attribute this trend to the country having to compete with Mexico, Poland, and Vietnam, a preferred part of investors...
- Deloitte launches AI-powered search platform Tax PragyaDeloitte India has launched Tax Pragya, an AI-powered platform designed to speed up tax research and provide clear, reliable insights. It c...
- Deloitte US asks India staff to return to office two days a weekDeloitte India is mandating employees to return to the office at least two days a week starting October 1st, citing space considerations an...
- Inspection reveals shortcomings of auditor affiliatesRegulatory inspection reports highlight concerns about auditor independence, quality control deficiencies, and conflicts of interest among ...
- Income tax laws need to recognize more cities as metros for HRA tax exemption: Will Budget 2024 include these?The house rent allowance (HRA) is one of the common component in the salary structure of an employee. However, not all employees get simila...
- 90% of business feel GST made doing business easy: Deloitte surveyAutomation of tax compliances and introduction of e-invoicing/e-way facility emerged as the most beneficial reforms introduced by the gover...
- Industry leaders confident about India's economic recovery, expansion: SurveyAccording to the pre-budget survey by Deloitte Touche Tohmatsu India LLP (DTTILLP), that collated a total of 163 responses from 10 industri...
- Businesses may have to reassess tax liability, ongoing M&As after slump sale rule changeThe slump sale amendment rules notified on Monday by the Central Board of Direct Taxes provide for taking the higher of the fair value of t...
- New rule notified for computation of fair value of capital assets in slump saleAs per the amendment made to the income tax rules, the new Rule 11UAE under section 50B has given two formulae for calculation and has stat...
- SFIO questions audit partner of KPMG India unitBSR jointly audited the books of IL&FS Fin Services with Deloitte Haskins.
- Deloitte to hire law firm to review fudging chargesThe law firm, when finalised, will look into the allegations made by the whistleblower through a media portal — Moneylife — on Wednesday.
- IT industry needs Govt focus to resolve issues impacting the sectorWhile the initiatives taken by the government on the policy front have supported the growth of the industry, there is a need for a parallel...
- Budget 2016: DDT exemption big boost for businessesBusiness Trust shall hold 100% of the share capital of the SPV or balance share capital in case the project is held under the direction of ...
- Deloitte seeks tax sops for telcos for participating in Digitial India, cut in applicable MAT rates in Budget 2016The government, Joshi said, should give strategic importance to the telecom sector in the budget as it is "the backbone of the digital worl...
- India signs first bilateral advance pricing agreement“This is India’s first bilateral APA. The APA is for a period of five years,” the finance ministry said in a statement.
- Union Budget 2010: Govt exempts LLP firms from paying capital gains taxThe government exempted small companies taking the Limited Liability Partnership route from paying capital gains tax, in a step to boost th...
- Union Budget 2009-10: LLP to be taxed like general partnershipsTax liability at 30.9%; Tax to be levied on 40% of income; firms spared of 10% surcharge.
- India breaks into top 10 M&A leagueIndia is now world’s 8th largest mkt in the 1st quarter of '07 — an improvement over the 11th rank in '06.
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