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INDIA TAX AMNESTY
Inside Oyo’s FY26 profit; Gaming founders seek GST reprieveOyo parent Prism, which filed its updated IPO papers, reported a strong profit in the April-December period, courtesy of an unlikely source...- ITR filing 2026: Foreign income and overseas assets? Avoid these 7 costly disclosure mistakesReturning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from t...
- Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...
- Failed to report US stocks gained via ESOP? Use this one-time Amnesty scheme; Know how it worksA one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...
- Inspection scheme soon to flag firms dodging EPFOIn a bid to strengthen worker protections, the Labour and Employment Ministry is launching a comprehensive inspection program. This proacti...
- Coming clean may be less taxing: Taxpayers could get away with paying significantly less on unexplained local incomeA close reading of the budget documents shows that a person can slip away by proactively paying a significantly lower amount on unexplained...
- Nasscom seeks one-time customs amnesty for software exportersNasscom has also flagged its challenges with probe into related party import transactions by office of the SVB
- GST council may cut upfront payment for tax appeal to 7%The council could also consider an amnesty scheme for disputes of the pre-GST regime and a proposal to make biometric-based Aadhaar authent...
- India considers amnesty for citizens hoarding gold illegallyAny proposal for an amnesty is fraught with risks as the country’s top court has ruled that Indians cannot claim absolute amnesty following...
- Tax authorities' amnesty schemes have failed miserablyAmnesty schemes have long been a favoured tool for tax authorities to recover dues - since independence - but have flopped miserably.
- Union Budget 2012 makes it mandatory for taxpayer to declare foreign bank accounts & other offshore assetsThe US had offered immunity from prosecution to those who have disclosed such income within the period specified under the law.
- Assocham suggests amnesty scheme to unearth black moneyAssocham today suggested that the centre should come out with an amnesty scheme to unearth illegally stashed wealth abroad.
- Experts suggest ways to recover black moneyThe government has received a number of proposals from experts on ways to bring back to India the wealth allegedly stashed away into banks ...
- Group formed to look into amnesty scheme on black money: PranabFinance Minister Pranab Mukherjee today said a group has been formed to look into the possibility of an amnesty scheme to encourage people ...
- Tax amnesty: Penalise evaders, Don't reward lootGovt formulating an amnesty scheme for the black money stashed overseas is a bad idea.
- Amnesty: Back with a vengeance?Reversal of a three-year-old decision threatens to make honest tax-paying old-fashioned.
- Union Budget 2010: Life could get easier for tax evadersThe Budget fine-print reveals that life could get a little easier for evaders, both companies and individuals, that have tax dues of over R...
- Union Budget 2010: Amnesty: Back with a vengeance?The Budget fine-print reveals that life could get a little easier for evaders, both companies and individuals, that have tax dues of over R...
- Black is beautiful, Give it to meWorld over, amnesty schemes have had mixed results - from a stupendous success in Ireland to a total disaster in Argentina. As India is on ...
- MoF raises doubts about future amnesty schemesThe law ministry has raised some questions on the viability of future amnesty schemes.
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