Entities formed by reconstruction of a business already in existence won't be eligible for the 15% tax rate.

FinMin also decided to exempt certain transaction from payment of STT for availing the concessional 10% LTCG rate.

The ministry of corporate affairs deregistered 2.24 lakh companies under section 248 (5) of the Companies Act for not complying with regula...

The contract under consideration was awarded to L&T, which in turn awarded a sub contract to the Singapore Company.

The amendment to Section 138 dilutes the provisions that restricted sharing of tax information about assessee with other agencies or author...

But Jaitley did not say whether the goverment intends to accept the SIT’s other suggestion—a cap on cash holding of Rs 15 lakh.

Similarly, General Insurance Corporation of India and New India Assurance Company Ltd have also been included in the definition of 'Central...

Industry trackers say that the decision could also impact future disputes between companies and the revenue department where place of effec...

Foreign tax credit will be available against tax, surcharge and cess payable under the Act, including minimum alternate tax.

Experts said that the decision to grandfather investments up to March 31, 2017, and giving a year's time to graduate to the taxation system...

I-T dept will consider information received from third party sources like banks, law enforcement agencies and foreign tax authorities for d...

As per CBDT, the statement said, the tax cases have been resolved with companies based in countries like the US, Japan, the UK and China.

According to experts, the government could allow startups and to appropriate initial brand building expenses over several years for account...

CBDT has asked its field offices to make sure the assessment notice should contain details of specific information or documents to be furni...

This relates to the pricing of assets, tangible and intangible, and funds that are transferred within an organisation in a cross- border tr...

The proposal was part of its suggestions made to the new National IP Policy that will oversee implementation of IPR laws and regulations in...

We continue to invest in infra and logistics, to enable our sellers to service customers across the country at low operating costs, Amazon ...