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FTC COMPUTATION
NRIs tax alert: March 31, 2026 is the deadline to claim foreign tax credit using Form 67 for income earned in FY 2024–25- NRIs with big foreign tax payment need to get CA certificate to claim tax credit in their ITRs in India under draft tax rules 2026; Know more
- Early ITR filing date, late foreign tax info: How FTC rule and global timeline mismatch hurts ROR taxpayers - what Budget 2026 must fix
- FTC seeks more information about SoftBank's Ampere deal: ReportSoftBank announced the purchase of the startup in March, part of its efforts to ramp up its investments in artificial intelligence infrastr...02 Jul, 2025, 12.19 PM IST
- Paid tax abroad? Here’s how to claim foreign tax credit in IndiaForeign tax credit is a key relief for Indian taxpayers with foreign income, but ambiguities in domestic laws and DTAAs remain. To avoid li...16 Jun, 2025, 06.30 AM IST
- Meta faces historic antitrust trial that could force it to break off Instagram, WhatsAppThe looming antitrust trial will be the first big test of President Donald Trump's Federal Trade Commission's ability to challenge Big Tech...14 Apr, 2025, 04.51 PM IST
- NRI tax guide: How to declare US rental income in Indian tax returnsResident Indians with rental income from US properties must follow Indian tax laws. Depreciation and other U.S. deductions are not applicab...31 Dec, 2024, 12.37 PM IST
- Microsoft faces wide-ranging US antitrust probeThe FTC is probing Microsoft's software licensing and cloud practices. The investigation focuses on potential anti-competitive behavior. Mi...28 Nov, 2024, 07.44 AM IST
- Maximizing Tax Benefits: A guide to claiming foreign tax credits in IndiaThe Foreign Tax Credit (FTC) alleviates double taxation on income earned in one country, crucial in today's globalized world. Tax Treaties ...17 May, 2024, 03.47 PM IST
- Google accuses Microsoft of anticompetitive cloud practices: reportMicrosoft used the licensing terms in its Office 365 productivity software to lock customers into separate contracts with its Azure cloud s...22 Jun, 2023, 08.31 AM IST
- Claiming credit in India for taxes paid overseas becomes easierThe earlier draft rules, issued in April, had excluded disputed foreign taxes from the ambit of FTC. Now credit can be claimed in respect o...01 Jul, 2016, 12.28 PM IST
- CBDT notifies foreign tax credit rules, corporates to gainForeign tax credit will be available against tax, surcharge and cess payable under the Act, including minimum alternate tax.30 Jun, 2016, 05.15 PM IST
- US crackdown on online fraud schemes from IndiaThe US today cracked down on several online fraud schemes, mainly operating from India, that duped consumers into paying to clean their com...04 Oct, 2012, 02.49 AM IST
- Intel, FTC to settle antitrust caseIntel says it is in talks with the Federal Trade Commission over settling an antitrust case against the chip maker22 Jun, 2010, 07.37 PM IST
- US sues Intel for using monopoly to stifle rivalsThe US Federal Trade Commission accused Intel, the world’s leading computer chipmaker, of illegally using its dominant market position for ...17 Dec, 2009, 02.17 AM IST
- Intel rejects FTC suit as 'misguided'Intel on Wednesday dismissed as "misguided" a suit filed by the US Federal Trade Commission which alleges the computer chipmaker illegally ...16 Dec, 2009, 10.46 PM IST
- Privacy group urges probe of Google cloud servicesA US electronic privacy group has called for the FTC to investigate security and privacy of Google's Web-based products such as email and p...19 Mar, 2009, 04.27 AM IST
- New Zealand man behind world's largest spam: ReportA Queensland-based man is being suspected as a mastermind behind largest spam operation in the world, responsible for sending out billions ...16 Oct, 2008, 09.00 AM IST
- Intel acknowledges subpoena in US antitrust probeComputer chip titan Intel Corp said it had received a subpoena this week from US antitrust regulators after a two-year informal review "wit...06 Jun, 2008, 10.10 PM IST
- MoF to draw up norms for claim of foreign tax creditThe Ministry of Finance (MoF) is examining issues relating to the grant of foreign tax credit (FTC) in India for taxes paid overseas and is...13 Dec, 2004, 11.39 PM IST
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