New Income Tax Bill gets Lok Sabha nodThe Lok Sabha approved the new income tax bill, eliminating alternate minimum tax on LLPs and allowing refund claims even without timely re...
11 Aug, 2025, 11.43 PM IST
Panel may be set up for creating India's 'Big Four'The government is planning to establish a panel. This panel aims to develop a supportive environment for large Indian chartered accountancy...
07 Jun, 2025, 04.21 PM IST
There should be tax relief in budget as consumption slump is widely admitted: Dinesh KanabarIndia is focusing on tax reforms for economic growth, consumption boost, and attracting foreign investments. Dhruva Advisors' CEO shares hi...
10 Jan, 2025, 12.00 PM IST
Law firms and Big Four cross paths in search of new avenues of growthIn India, the top six professional services firms--EY, PwC, Deloitte, KPMG, Grant Thornton, and BDO--dominate in terms of revenue and the n...
22 Jul, 2022, 01.02 AM IST
Netflix's tariffs likely to stay same; won't pass on equalisation levy to customers this yearET had reported in its edition dated August 5 that Google's stance of passing on the 2% equalisation levy to all its clients, even if they ...
06 Aug, 2021, 12.06 AM IST
CBIC rationalises GST refund provisions, allows taxpayers to withdraw application"CBIC has put rest to this controversy, by amending the rule, and providing that the time period from the date of filing of original refund...
19 May, 2021, 05.39 PM IST
CBIC introduces job work under IGCR rules, to facilitate local industryThe changes also intend to bring flexibility on direct movement to job worker premises, direct exports and provision for local sale with co...
18 May, 2021, 09.49 PM IST
India to benefit from shifting of global supply chains from China: Survey"Another major outcome of COVID-19 is the likely shift in global supply chains away from China to other economies. Nearly 70 per cent of th...
28 Dec, 2020, 03.34 PM IST
Exorcise ghost of retrospective tax amendment: Amending the Income-tax Act will assuage investor concernsThe question of law which the Supreme Court had unequivocally addressed was that although what was transacted was an Indian Telecom Network...
26 Sep, 2020, 04.33 PM IST
An industry survey reveals India Inc's pain points well into the unlock phaseWhile 59% of respondents reported weak demand as a key challenge in June, 68% felt the same way during the August round of the Federation o...
09 Sep, 2020, 05.40 PM IST
Will an LLP structure make better sense for businesses in post Covid-19 worldIt is very likely that the ‘new normal’ will also impact the way business is conducted.
25 Apr, 2020, 12.11 PM IST
Surcharge hike: Will the rich outsmart the taxman?Many biz families holding assets under local pvt trusts are considering to change the character of the trust.
22 Jul, 2019, 10.25 AM IST
Why ducking tax on super rich won't be easy for foreign fundsFPI trusts need to provide non-tax reasons for changing the structure under the GAAR.
11 Jul, 2019, 02.53 PM IST
Tax reforms effect: Boutique tax firms carving out a nicheTax practice in India has grown at a fast pace and Indian companies and promoters pay anywhere about $ 1billion every year to their tax exp...
10 May, 2017, 10.16 AM IST
Lakhani & Co LLP merges with Baker Tilly"We have a strong taxation practice but with this merger, our taxation practice will be one of the strongest in the co untry," said Dilip B...
30 Apr, 2016, 11.53 AM IST
AIF norms may let in foreign funds even in no-go sectors like e-commerce, defence machineryThe new rules say that a fund will be considered as ‘domestic’ in nature as long as its sponsors and managers, who control the fund, are In...
25 Nov, 2015, 06.24 AM IST
Lack of bank sponsors hit white label ATMsPunit Shah, partner at tax and regulatory advisory firm Dhruva Advisors LLP, said higher interchange fee could help growth of WLAs.
07 Sep, 2015, 04.00 AM IST