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
Delta Corp shares tank 16%. What’s triggering the sharp selloff?Shares of Delta Corp tumbled 16% after the Supreme Court upheld the government’s retrospective 28% GST levy on online gaming companies. The...
29 May, 2026, 11.24 AM IST
Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...
29 May, 2026, 08.12 AM IST
All bets are off as SC’s GST ruling squeezes RMG companiesThe GST demand of Rs 92,000 crore on past transactions will also impact larger players such as Dream11, Junglee Games and Mobile Premier Le...
29 May, 2026, 08.08 AM IST
SC verdict on GST leaves real-money gaming firms staring at a Rs 92,000-crore questionWednesday’s ruling, backing tax demands on past transactions, could have major financial implications for the sector. A lawyer representing...
28 May, 2026, 11.09 AM IST
Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
28 May, 2026, 07.36 AM IST
India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savingsSalaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementati...
20 Apr, 2026, 06.30 AM IST
ITR assessment rules change from April 2026: Four key amendments explainedFour key changes to Income Tax Return (ITR) assessment rules will be effective from April 2026 for Tax Year 2026-27. These amendments, intr...
17 Apr, 2026, 06.46 PM IST
Property tax overhaul in NDMC: What the new Unit Area System means for youThe New Delhi Municipal Council is adopting a new property tax system. This move to the Unit Area Method will bring fairness and predictabi...
15 Apr, 2026, 07.39 AM IST
Vedanta withdraws cases against government to settle retro tax disputePost slapping of a Rs 10,247 crore tax demand on UK's Cairn Energy Plc for alleged capital gains made on a 2016 internal reorganisation of ...
13 Dec, 2021, 06.55 PM IST
Cairn gives in writing to indemnify govt, withdraw cases to get Rs 7,900 crore tax refundMeeting the requirements of new legislation that scraps levy of retrospective taxation, the company has given required undertakings indemni...
03 Nov, 2021, 06.27 PM IST
New York court pauses tax suit to allow Cairn to settle dispute with IndiaThe New York district court delayed the tax suit to November 18, according to court documents reviewed by PTI. This follows Cairn Energy an...
26 Sep, 2021, 10.18 AM IST
Cairn has to respond to India's arbitration award plea in US court by October 20Cairn had approached the District of Columbia court in February to confirm the arbitration award it had won against India in a retrospectiv...
26 Aug, 2021, 05.56 PM IST
Cairn Energy acts to enforce award against India’s overseas assetsIn December, an arbitration tribunal ruled in favour of Cairn Energy in a six-year-old retrospective tax dispute and ordered the Indian gov...
08 Mar, 2021, 11.29 PM IST
Scheme to settle tax disputes extended till January 31: CBDTThe scheme, opened on June 1, provides for waiving interest and penalties if the principal amount involved in retrospective tax cases is pa...
31 Dec, 2016, 12.19 AM IST
CBDT extends deadline for tax settlement scheme till January 31The offer to settle the disputes was to end on December 31, but it has now been extended till January 31, said the Central Board of Direct ...
30 Dec, 2016, 03.21 PM IST
Companies must drop retro tax cases to avail settlement scheme: CBDTThe govt, in Budget 2016-17, had announced a scheme to settle retrospective tax disputes by waiving interest and penalty if the cos paid up...
25 Dec, 2016, 02.05 PM IST