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RETROACTIVE TAX LAW
SC order turns up tax heat on old benami transactionsThe Supreme Court has ruled that tax authorities can retroactively apply the benami law to confiscate assets from transactions predating 20...
More cash each month! Social Security Administration revamp could mean bigger checks soon – here's what retirees must knowSocial Security calculation change 2026 boosts monthly checks: More money is finally reaching retirees. The Social Security calculation cha...
Massive $17 billion Social Security payout: Who’s getting retroactive benefits? Here are the ones who qualifiedSocial Security retroactive payments 2026: The Social Security Fairness Act, enacted January 5, 2025, has delivered $17 billion in retroact...
Got a bigger Social Security payment? Here’s the tax catch many missedMany people got bigger Social Security payments after a new law removed old benefit cuts. Some also received a one-time back payment. But m...
Americans could get a big $2,000 tax refund in 2026 — see if you qualifyMany Americans may get bigger tax refunds in 2026 because of new tax cuts. The law was signed in 2025 but applied later, so workers paid ex...
Tax refunds set to skyrocket in 2026 - here's why; Experts predict average tax refunds could rise by $1,000Tax refunds are projected to significantly increase in 2026 due to the retroactive One Big Beautiful Bill Act (OBBBA). An administrative de...
Social Security Fairness Act big update given on expanded benefits. Here's how it will impact millions of AmericansThe Social Security Administration is processing expanded benefits under the Social Security Fairness Act. The Act removes provisions that ...
Tim Cook hits back at EU tax; writes open letter to Apple fans in EuropeWhat happened to Apple's contribution to the economy of Europe, asks Cook in this letter. He points out that sovereignty is at stake follow...
Sean Foley,Global Leader, KPMG, says 'India's Transfer Pricing Rules Aggressive'Transfer pricing rules are prevalent in around 85 countries, but the level to which they are actively audited is different.
Government, Castleton Investments agree to expedite Supreme Court hearings on tax rowAttorney-General Mukul Rohatgi has agreed to a plea from senior lawyer Harish Salve, representing Castelton.
Vodafone issue: Supreme Court can end the debate on retroactive amendments that are unfair to investorsA country's tax policy is a key component that guides investment decisions, though foreign investors also look for factors such as politica...
- Settle amicably: Spare Vodafone penalty and interest; scrap other retrospective taxes
The govt should withdraw other retrospective moves that seek not so much to clarify extant law as to create a fresh tax burden.
Top software MNCs lobby against software tax changes in the Budget; warn of cut in investmentsAfter Vodafone, the global software industry is the latest to join in the chorus of protests against numerous retroactive amendments propos...
- Retroactive taxation will scare away investment from India: Mark Mobius
Tax policies are at top of our minds because retroactive taxes are something that investors abhor.
Retroactive tax: Unlike UK and China, India wants to slam every offshore deal since 1962A closer comparison with developments in UK and China will reveal the shortcomings of India's approach to retroactive legislation.
- Vodafone case: Foreign bodies seek tax review
International Chamber of Commerce & Advisory Committee to OECD write to Pranab; express concern over retrospective taxation.
- Vodafone to challenge I-T Act over $2 bn M&A tax
Once enacted, the amendment will widen the scope of Section 201 of the I-T law and could effectively weaken Vodafone’s stand. Sleek mobiles...