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87A rebate will fail to make your tax nil despite income below Rs 12 lakh in these cases, Budget 2025Budget 2025: No Section 87A tax rebate on special rate incomes like short term capital gains, long term capital gains, and others, said Bud...
Sword of double taxation hangs on Big Tech firmsBig Tech companies fear that India’s equalisation levy combined with similar digital tax regulations in countries such as the UK and France...
Amazon pilots grocery pick-upsAmazon attempts to do Whole Foods-style online grocery delivery in India. Investors seek clarity on Tata super app before investing. Big Te...
Netflix won’t pass on impact of 2% equalisation levy to India usersThe government broadened the scope of equalisation levy at 6%, first introduced in 2016, to include additional transactions. The definition...
Netflix's tariffs likely to stay same; won't pass on equalisation levy to customers this yearET had reported in its edition dated August 5 that Google's stance of passing on the 2% equalisation levy to all its clients, even if they ...
Overseas crypto exchanges may face 18% additional GST in IndiaOverseas cryptocurrency exchanges that have a customer base in India may have to pay additional tax in the form of goods and services tax (...
Additional tax likely for MNCs importing raw materialsSome traditional companies that do not have a PE in India could also find themselves embroiled in the new tax framework, tax experts said. ...
Aim to comply with India's new social media guidelines, says FacebookFacebook, microblogging platform Twitter and internet giant Google are yet to finalise their internal work on India's new social media inte...
New rules to bring MNCs, startups under tax lensSeveral multinationals and startups that operate through a complex maze of structures as part of their tax planning are set to see their ta...
Big Tech firms weigh outsourcing to meet India's new social media rulesGoogle, Facebook and Twitter, among others, are exploring whether they could outsource some of the functions to a separate entity or a cons...
Tax on partnership firms: Budget change to put real estate, infrastructure consultancy firms in a fixAfter these assets appreciated, they would bring in a new partner and old partners would exit or retire from the partnership after taking b...