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INTERNATIONAL TAX CONFERENCE
India placed better in economy despite global challenges, says FM SitharamanFinance Minister Nirmala Sitharaman said India is better placed economically despite global challenges, citing tax reforms aimed at reducin...
AI was everywhere at GFF 2026. Full automation was notGlobal Fintech Fest 2026 highlighted agentic AI's practical integration within the BFSI sector. Automation will handle basic tasks, but hum...
NRI woman declared Rs 43,796 income in ITR but didn’t report Rs 14 lakh interest; faced 200% penalty – how she got it reduced to 50% in ITATThe NRI woman's advocate explained that she is a 57-year-old lady with limited technological knowledge and had entrusted an accountant with...
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
Dubai, Abu Dhabi residents return to a new normal: ‘Neither war, nor peace’Six months into the Iran war, the UAE’s post-pandemic boom is facing its biggest test. Tourism, aviation, property and trade have taken a h...
Sweet trouble: Sugar prices surge to 17-month high as govt warns mills against festival hoardingRaw sugar futures have reached their highest level since March 2025. Strong Indian import demand and Brazilian supply disruptions are drivi...
Why FIIs could continue moving out of largecaps and into mid and smallcaps: Motilal's Rajat RajgarhiaIf you look at India over a long period, the country has done well. However, the past two or three years have presented several challenges,...
Michigan Democrats want to fight Trump. First they have to stop fighting each otherMichigan Democrats face internal divisions over the cost of living and political issues. Disputes over Israel and antisemitism are complica...
Banks & legal eagles quietly revive foreign family officeSome large private banks and law firms are assisting Indian families with offshore family offices. These institutions are navigating regula...
US to impose ‘toughest sanctions in history’ on Iran; Scott Bessent bets on 'one-two punch' to cripple Iranian regimeUS Treasury Secretary Scott Bessent said Washington will impose the “toughest sanctions in history” on Iran, with details expected Monday, ...
Bangladeshi cricket star Shakib Al Hasan, a Hasina ally, says he is ready to return home and face trial if given securityShakib, a former lawmaker for Hasina's Awami League, has been living in the United States since her government was toppled in a deadly stud...
Pakistan to revise oil prices daily amid renewed West Asia tensionsPakistan fuel price: Pakistan will now adjust petroleum prices daily to manage oil price fluctuations. The government aims for greater tran...
Have foreign income or assets? AIS to soon show foreign assets and income details shared by foreign countriesThis is a CBDT order dated July 8, 2026 issued under Section 119 of the Income-tax Act, 1961. It is an administrative order that authorizes...
ET Prime Special Series: Multibagger or IBC - Part 66: This old auto ancillary giant is betting big on the next energy shiftFor 40 years, this was one of those businesses the market treated as safe – and slightly dull. It dominated its market, and it generated st...
EU's CBAM poses major compliance challenge for Indian MSMEs; Experts seek urgent government supportIndian MSMEs are struggling with the EU's Carbon Border Adjustment Mechanism, facing compliance hurdles due to a lack of financial and tech...
Central Board of Direct Taxes open to giving foreign companies a breather“I would like to be informed in which areas the TDS is high, so that we can think of reducing that also,” CBDT chairman said at an internat...
PSEs need to comprehend international taxation: ExpertsAs many as 147 CPSEs have either foreign exchange earnings or expenditures, as per PSUs apex body SCOPE.
Judicial inertia to avoid paying tax prompted tax administration to introduce GAARJudicial inertia on matters such as indirect transfer of Indian assets to avoid paying tax here has paved the way for the introduction of G...
- Taxation as a tool for social equality
Higher taxes from the rich would pay for programmes that improve the welfare of the poor through the govt's expenditure policy.
- Be transparent on MNC taxation: OECD
OECD asks India to introduce Advance Pricing Agreements between tax authorities and MNCs.