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PILLAR TWO TAX FRAMEWORK
India risks losing tax revenue by delaying global minimum tax rolloutIndia’s delay in implementing the OECD-G20 global minimum tax framework, known as Pillar Two, could mean losing tax revenue to other countr...- TRAI sets port charge ceilings for IP-based interconnection, effective Jan 2027TRAI has capped annual charges for telecom IP interconnection ports at ₹5.6 lakh for 1 Gbps and ₹42.3 lakh for 10 Gbps, effective January 1...
- Iran shot down 260 US aircraft, captured 7 MQM-170 drones, building underground weapons facility: IRGC's spokesman details capabilitiesIran's IRGC has claimed that it shot down 260 hostile aircraft during the conflict initiated by the US and captured seven MQM-170 reconnais...
- Loved Sai Pallavi in Ramayana? You won’t get enough of their ancestral hometown, a dreamy hill station in Tamil Nadu, a paradise for tea loversSai Pallavi has garnered attention for her portrayal of Mata Sita in the grand production Ramayana. The actress, who has captivated audienc...
- Hindalco earnings to stay steady even if aluminium prices fall, says MD Satish Pai; Q2 profit rises 59%Hindalco expects its earnings to remain stable even if aluminium prices soften, managing director Satish Pai said after the company posted ...
- India finalises association with Horizon Europe for research and innovation collaborationIndia has concluded negotiations with the European Union to associate with Horizon Europe for research cooperation. The agreement aims to c...
- India focused on becoming AI application capital of the world: Ashwini VaishnawIndia is on a mission to become the global hub for artificial intelligence applications while also enhancing its semiconductor industry. Wi...
- India focused on becoming AI application capital of the world: Ashwini VaishnawIndia is striving to become the artificial intelligence application capital while also focusing on semiconductor manufacturing. The governm...
- Bihar man buys second-hand car, pays Rs 14,000 for RC transfer, around 10 times the govt fees to agents, report findsA new report by Consumer Voice and IndiaTech finds that used vehicle ownership transfers cost up to Rs 14,000 in parts of Bihar, with charg...
- Ashwini Vaishnaw launches Semicon 2.0 portal, says 50% of units approved under ECMS are SMES, MSMEsUnion Electronics and Information Technology Minister Ashwini Vaishnaw has launched the Semicon 2.0 Web Application Portal. The initiative ...
- Can the government remove LTCG on mutual funds in Budget 2027? Here’s what experts saySEBI has repotedly proposed tax relief for domestic mutual fund investors ahead of Budget 2027. The proposal aims to exempt investors from ...
- 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...
- 'Surcharge an enhancement of rate of sales tax': SC upholds states' power to levy additional sales taxThe Supreme Court reaffirmed a 1974 ruling regarding states' power to levy additional sales tax. This ruling clarified that such levies are...
- 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...
- Firm It Up, Don't Junk It: India needs a more predictable capital gains tax regime to deepen equity marketsIndia's capital markets have seen significant changes, with millions of households participating in equity investing. The current tax frame...
- Pull it, not just for better FPIs: Scrap FPI capital gains tax to boost inflows, strengthen rupee and cut fiscal deficitScrapping the long-term capital gains tax could significantly enhance foreign portfolio investment in India. This move would likely lead to...
- LTCG tax relief for these mutual fund investors proposed by SEBI; know how switching funds for portfolio rebalancing can save taxThe Securities and Exchange Board of India (SEBI) has put forth a proposal to exempt long-term capital gains tax for investors who switch m...
- 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...
- Centre working on integrated tax framework for textile sector to ease duty burden on raw materials and machineryAn integrated tax framework for India's textile sector is being developed to improve competitiveness in global markets. This framework will...
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