The growth in the Indian travel and tourism industry is driven by a combination of rising income levels and changing lifestyles, developmen...

The Finance Ministry will move ahead with the already-announced and planned privatisation of state-owned companies in the next fiscal, and ...

"We will continue to add quality people. We see the market opportunities as extraordinary. We have invested in both a global tax program (w...

With a growing economy, young population, and growing middle class, India is ideally positioned to become one of the most lucrative outboun...

With a growing economy, young population, and growing middle class, India is ideally positioned to become one of the most lucrative outboun...

The 'Rebuilding Tourism For the Future 2022' report, prepared by Nangia Andersen LLP in association with Ficci, said post COVID, a new term...

While Indian corporates are expecting some key announcements which will enable them to reset their growth agenda, individual taxpayers are ...

The advance ruling mechanism is provided in the Income Tax Act to provide upfront clarity to non-residents and certain other specified taxp...

The govt is trying to make sure that settlement arrangements align properly with international laws. A leading tax expert said the wording ...

Tax tribunal lays out ground rules for taxing such expenses, should benefit Indian arms amidst Covid pandemic. It said that there should be...

The provisions of significant economic presence seek to enlarge the scope of income of non-residents that accrues or arises in India, by es...

In case of taxability, the amount which is liable to tax will be determined. In case of non-taxability, a certificate specifying the amount...

This ruling would also bring more discussions around the concept of permanent establishment or a PE. As per tax regulations PE is broadly a...

Dasannacharya exercised his right under the stock option by way of “cashless exercise” where the underlying shares were not allotted but he...

The Board has clarified that only relevant and precise information will be shared by tax authorities with other government departments and ...

The Union budget 2020-21 has proposed to amend the Section 92CB of the Income Tax Act that empowers the Central Board of Direct Taxes to fr...

India has finalized bilateral competent authority arrangement for exchange of CbC reports with US.