Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
23 Jun, 2026, 11.08 AM IST
Whisky, no more a colonial hangoverIndia's whisky scene is experiencing a remarkable 'swadeshi' boom, with domestic premium brands like Indri and Rampur rising in popularity,...
19 Jun, 2026, 10.54 PM IST
NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
19 Jun, 2026, 03.44 PM IST
TotalEnergies' Saudi Arabia refinery will not be fully repaired until early 2027, CEO Patrick Pouyanne tells French lawmakersTotalEnergies' SATORP refinery in Saudi Arabia is operating at reduced capacity after drone attacks. Full repairs are expected by early 202...
17 Jun, 2026, 03.05 PM IST
R Gandhi calls RBI policy 'on expected lines', sees no immediate rate hike risksThe Reserve Bank of India has maintained its neutral policy stance and kept interest rates steady. The central bank has adjusted its foreca...
05 Jun, 2026, 02.13 PM IST
India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...
04 Jun, 2026, 11.40 PM IST
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
03 Jun, 2026, 12.17 AM IST
‘Investment climate not in great shape’: Former PM Modi advisor urges FDI reforms as outflows surge in FY26Former advisor Surjit Bhalla calls for major changes to India's foreign investment rules. He warns that strict policies and unclear regulat...
27 May, 2026, 07.50 PM IST
UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
26 May, 2026, 11.33 AM IST
Iran's threat to Hormuz submarine cablesIran's Revolutionary Guard Corps has threatened to impose permits on submarine fiber-optic cables passing through the Strait of Hormuz. Thi...
20 May, 2026, 10.43 PM IST
Uzbekistan’s evolution in the international financial systemUzbekistan's National Investment Fund has made waves with its groundbreaking IPO, now trading on international stock exchanges. This pivota...
20 May, 2026, 04.16 PM IST
India recasts rules for foreign tax info exchange: New framework from July 1 aims to curb cross-border tax evasion & speed up case closureIndia has updated its rules for sharing tax information with other countries. New rules make foreign tax requests high priority, requiring ...
11 May, 2026, 11.51 PM IST
Canada is facing its own Brexit moment — Alberta separatists just hit a massive referendum milestone, and Ottawa has a very big problemAlberta separatists say they have enough signatures. The number is striking. Nearly 302,000 names submitted. The legal threshold was 178,00...
05 May, 2026, 09.50 PM IST
Treaties should be driven by national interest, not pressure from foreign govts or corporations: Supreme CourtIndia's Supreme Court has ruled that tax treaties must prioritize national interest over foreign pressure, emphasizing the need to protect ...
17 Jan, 2026, 01.25 PM IST
Big setback for Tiger Global as SC rules against Co in taxation claim over stake sale in FlipkartTiger Global’s Mauritius tax structure came under sharp judicial scrutiny as the Supreme Court set aside a Delhi High Court order granting ...
15 Jan, 2026, 08.33 PM IST
Unilateral, Bilateral, Multilateral: Winds of change to watch for post-BEPSAs may be discerned from the above implementation of BEPS would require in unilateral domestic tax law changes in several countries.
13 Oct, 2015, 11.25 AM IST
No more riding on tax treatiesThe govt has sought to introduce provisions to prevent the misuse of double-taxation avoidance treaty that India has with a few countries. ...
13 Aug, 2009, 04.48 AM IST