NRIs returning to India: 6 tax mistakes that can haunt you years later & how to avoid themReturning Indians face significant tax challenges, often experiencing 'return shock' due to complex rules on residency, overseas income, an...
12 Jan, 2026, 06.30 AM IST
GIFT City mutual fund investment: From dividend to capital gains, know all about taxation for NRIs and residentsIndian residents can now invest in dollar-denominated mutual funds in GIFT City. This offers a way to diversify portfolios, especially with...
26 Dec, 2025, 02.53 PM IST
India, France seal treaty revamp giving Paris dividend relief, Delhi tax rightsBilateral trade between India and France stood at $15 billion last year, and Indian Prime Minister Narendra Modi and French President Emman...
12 Dec, 2025, 04.43 PM IST
NITI Aayog bats for reforms in I-T Act with focus on decriminalisationNITI Aayog proposes significant reforms to the Income Tax Act, 2025, including decriminalizing 12 minor offenses and reducing mandatory min...
10 Oct, 2025, 11.53 PM IST
Sent more than Rs 6 lakh abroad? You may get a tax notice by December 31, 2024Income tax notice: You may get a income tax notice by December 31, 2024 if the tax department found you have income which escaped assessmen...
27 Aug, 2024, 11.21 AM IST
MNCs may face Rs 11,000 cr retro tax demand after SC rulingMultinational companies based in the Netherlands, Switzerland, and France may face retrospective tax demands of around ₹11,000 crore on div...
23 Oct, 2023, 07.04 AM IST
Clarity needed on TCS levy on credit card payments, distinction between biz/personal visits: Tax expertsEY India, National Tax Leader, Sameer Gupta said since the object of the increase in TCS rate on LRS transactions is to address cases of di...
22 May, 2023, 08.54 PM IST
Budget 2020: 5% tax collection at source for remittances over Rs 7 lakhThe finance bill states that banks who receive Rs 7 lakh from an individual for remittance out of India under the LRS or from a seller of a...
02 Feb, 2020, 10.38 AM IST
Market in retreat and deferred IPOs upset PE investors’ exit planThe Sensex has fallen over 12 per cent bringing the IPO market to a halt.
25 Oct, 2018, 10.36 AM IST
Cryptocurrency exchanges look to shift base abroadMost of the exchanges are exploring whether they could shift base to countries like Singapore, Delaware or Belarus.
09 Apr, 2018, 03.09 PM IST
Companies to face Minimum alternate tax on dividend payout, debt recastCompanies that had announced dividend or restructured debt in the previous financial year will face this liability in the current financial...
08 May, 2017, 01.48 AM IST
Want to hold P-notes? Pay 7.5% taxAlthough, P-note holders are not subject to any domestic tax laws as they are not registered in India, the liability of STCG fall on FPIs i...
14 Feb, 2017, 07.50 PM IST
I-T Act amendment a 'win-win', to boost government revenues: ExpertsUnder the Pradhan Mantri Garib Kalyan Yojana, 2016, black money declarants have to mandatorily park 25 per cent of that wealth in zero-inte...
29 Nov, 2016, 10.37 AM IST
Budget 2016 to bring reforms towards simplified tax regime: SurveyAs per Grant Thornton's Pre-Budget Corporate Expectations Survey - 2016, the upcoming Budget will bring tax reforms for minimisation of lit...
24 Feb, 2016, 07.00 PM IST
Government easing registration norms, cutting penalty for one-person companiesWith the one-person-company (OPC) concept not finding enough takers, the government is simplifying the registration procedure.
12 May, 2015, 04.33 AM IST
Ease of doing business: No certificate of commencement required for private companiesPromoters will only have to inform the Registrar of Companies online, a measure to ensure that starting a business in India is less cumbers...
04 Feb, 2015, 04.00 AM IST
M&A buzz in auditing as new Companies Act makes smaller firms takeover targetsFirms such as Grant Thornton and BDO, which have significant presence in India auditing space, are actively looking for buyouts and mergers...
16 Dec, 2014, 01.53 PM IST