The Reserve Bank of India is widely expected to hold its key policy rate at 5.50% this Wednesday. However, some economists anticipate a sur...

Congress has criticized Prime Minister Modi for allegedly taking undue credit for GST reforms, asserting that the changes remain insufficie...

The Congress criticized the government's differential GST implementation, highlighting Mad Over Donuts' Rs 100 crore tax notice due to busi...

Finance Minister Nirmala Sitharaman announced that GST rates will be reduced soon, prompting the Congress to call for a comprehensive GST 2...

The Congress has emphasised that changes to the GST need to be comprehensive and not just limited to rate reductions. The party calls for a...

The new provision coming into effect requires both sellers and buyers to undertake due diligence w.r.t. tax return filing status of the oth...

India levies a 6% equalisation levy or the so-called ‘Google tax’ on foreign online advertising platforms to tax companies such as Google, ...

Removal of Deloitte arm as tax auditor is being seen as the first punitive action against auditors in IL&FS crisis.

Analysts believe that tax increases this year may not be as steep as they previously were.

Data from Bloomberg show a 16 per cent drop in the buy recommendations from analysts.

The Confederation of All India Traders suggested no punitive action be taken against businesses for procedural mistakes during the first ni...

MAT provisions, as they largely stand now, draw their genesis from the Finance Act, 2000, which introduced tax at 7.5% of book profits.

The current scheme is for cash deposited whereas the other one is not just for cash but also includes unexplained jewellery, he says

There is evidence to suggest that high taxes are counterproductive. Governments can’t ensure better compliance by modifying tax laws each y...

The government could be tempted to consider tweaking the service tax rates especially keeping in mind the expected standard GST rate of 17-...

FII capital gains taxation clarity and withholding tax at 5% on bonds issuances by all sectors is a welcome step.

If you notice last eight-nine quarters, we have seen a consistent decline in both gross and net NPAs for ICICI Bank.