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INDIA CHINA TAX TREATY
Chinese companies providing overseas services to Indian subsidiaries may escape tax: ITATIn a landmark decision, the Delhi Income Tax Appellate Tribunal has determined that Chinese firms offering services from overseas are not l...- Nepal PM seeks $2B package ahead of visitNepal is preparing to request a $2 billion economic package from India during Prime Minister Balen Shah's upcoming visit. The package inclu...
- Rubio to visit France on first post-midterm foreign trip to face questions on Trump policiesUS Secretary of State Marco Rubio will attend the G7 foreign ministers meeting in France this weekend. This trip follows significant Republ...
- Tax reporting lapses could risk India's sovereign rating, trigger withholding tax penalties: Income Tax Principal DG Debjyoti DasSpeaking to the media on the sidelines of the 'Summit on Global Financial Compliance (FATCA & CRS)' in Mumbai, Debjyoti Das, Principal Dire...
- Budget 2027–28: ASSOCHAM calls for tax reforms to boost investment, manufacturing, ease of doing business and tax certaintyASSOCHAM has called for a series of Direct and Indirect Tax reforms in the Union Budget 2027–28 to boost investment, strengthen domestic ma...
- One giant leap for America? Trump's Moon ambitions put India's space diplomacy to the testDonald Trump’s push for a permanent American presence on the Moon by 2028 has raised questions over lunar governance, resource ownership an...
- FICCI makes recommendations to FM ahead of Budget 2027-28, highlights LTCG exemption, TDS relief and faster tax appealsFICCI has recommended the restoration of long-term capital gains tax exemption on listed shares in Budget 2027-28. The organization highlig...
- SC says 1974 ruling on states' power to levy additional sales tax continues to holdThe Supreme Court held that a previous ruling from 1974 regarding additional sales tax remains applicable today. It determined that the leg...
- Kazakhstan and India sign extradition treaty to combat international crime & terrorIndia and Kazakhstan have recently entered into an extradition treaty aimed at addressing cross-border crime. The treaty establishes a lega...
- Lowering LTCG isn't a magic bulletA reduction in Long-Term Capital Gains (LTCG) tax could uplift sentiment in India's equity market, especially as foreign investors withdraw...
- How are equity investments taxed in India? A guide to capital gains taxIn a bid to invigorate domestic and foreign mutual fund investments, India's Securities and Exchange Board has put forth recommendations fo...
- Sebi backs removal of LTCG tax for foreign investors: ReportTo boost foreign investment interest, India's Securities and Exchange Board has put forth a proposal to scrap long-term capital gains tax f...
- China’s 5,000-ton digging machines are a trade war risk to IndiaChina is tightening export controls on tunnel-boring machines and other specialised construction equipment, raising concerns that the restr...
- Tax-wise, $-foolish: Saving Dalal Street could come at a cost to Startup StreetIndia's financial landscape is experiencing pressure with foreign portfolio investors becoming net sellers in the market. There are discuss...
- India-Bangladesh Ganga water treaty renewal in doubt as December deadline nearsThe 1996 India-Bangladesh Ganga water-sharing treaty faces uncertainty ahead of its December 12 expiry, with New Delhi unlikely to renew it...
- Bangladesh opposition leader warns against Indian transit corridor, demands fair Ganges water dealNahid Islam, a leader of the National Citizen Party, warned against facilitating an Indian transit corridor through Bangladesh. He urged fo...
- Indians working in UK: Per diem paid by Indian company may be tax-free in India if these conditions are metIndians working in the UK may receive per diem payments from their Indian employers. However, these payments are generally taxable in the U...
- Hegseth likely to face questions on US role in Indo-Pacific at ASEAN summitUS Defense Secretary Pete Hegseth is scheduled to meet with Southeast Asian counterparts in the Philippines soon. Discussions will focus on...
- Govt seeks investor and expert views on LTCG and STT as it reviews capital market levies amid FPI exodusThe government has initiated a reassessment of long-term capital gains tax and securities transaction tax. Stakeholders, including investor...
- UK employees receiving per diem payments must separately disclose them if they cross HMRC-specified limits; Know what employees should doIn the UK, employees receiving per diem must be mindful of reporting amounts that exceed HMRC limits, as these payments are taxable income ...
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