India's corporate tax rate, at 34.6% with cess and surcharge, is steep compared with the global average.

The outgo for an MSME will now be about 43.32% including the dividend distribution tax, compared with 43.26% for a foreign company, which d...

As per the scheme, anyone who is non-compliant can come clean by paying tax at 30%, a surcharge of 7.5% plus penalty of 7.5%, taking it to ...

Showing keen interest, Prime Minister Narendra Modi sought details of the state-of-the art digital policing put in place at the Cubbon Park...

The Budget 2014 hiked the basic exemption to Rs 2.5 lakh, and increased the annual saving limit under Sec 80C to Rs 1.5 lakh.

The dampener is increase in effective dividend distribution tax, a tax on dividends paid by cos. But their tax outgo will increase only if ...

Import of software and technology services will become more expensive. And litigation around these areas is likely to increase.

The monetary tightening cycle underway since March last year - the RBI has increased rates now by a cumulative 325 basis points - has left ...

The redefining of senior citizens in this year’s budget is a major reform that benefits a growing chunk of the population. ET Bureau looks ...

Tax exemption limit for men below 60 years was increased by 20,000 to 1.8 lakh and for senior citizens by 10,000 to 2.5 lakh.

India's newly formed Financial Stability and Development Council has cautioned against some countries keeping their currency artificially l...

ET brings to you opinions of renowned experts on implications of the direct tax code for investors in different avenues.

Prime Minister Manmohan Singh has decided to set up a sub committee that will come up will key suggestions on checking "irrationally high" ...

The imposition of FBT on employee stock options (Esops) has both tax accountants & employers in a fix.