Searched for
TAXPAYER CERTAINTY
Tax reforms to play vital role in attracting global capital to India: ExpertsIndia's economic ascent hinges on predictable and simplified tax reforms to attract global capital, according to a senior financial expert....
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
Tax vs Customs: Why MNCs face a growing valuation and compliance battleMNCs face rising conflict between tax and customs rules on related-party pricing, as India’s tighter digital scrutiny raises compliance ris...
Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
Good news for taxpayers! Faster tax refunds, quicker dispute resolution, TDS framework improvements and more planned by CBDT for 2026-27Taxpayers can anticipate significant improvements in the TDS system and faster resolution of tax disputes. The Central Board of Direct Taxe...
India’s new safe harbour rules create fresh tax dilemma for multinationals, GCCsMultinationals in India are reassessing their tax strategies. A new safe harbour regime offers lower margins for IT and ITeS services. Comp...
Warren Buffett: Why ‘risk’ doesn't mean what Wall Street says it meansIn a letter to shareholders, Warren Buffett declared war on one of finance's most sacred concepts: Beta. The academics had it backwards, he...
2.22 lakh appeals disposed of during last fiscal: CBDT chairmanLast fiscal year, the Income Tax Department successfully resolved an impressive 222,000 appeals, showcasing a remarkable 29% growth in effi...
Budget 2026: Tax reforms mark shift to trust-based regime, says CBDT chiefExplaining the hike in securities transaction tax (STT) on derivatives, CBDT chairman Ravi Agrawal said that the reforms regarding the mini...
I-T dept notifies tolerance range for AY25 for transfer pricing casesThe income tax department has set the tolerance limits for variation between arm's length price and transfer pricing at one per cent for wh...
CBDT forms internal committee to comprehensively review Income-tax Act, invites suggestions on the tax e-filing portalThe Central Board of Direct Taxes has formed a committee to review the Income-tax Act, 1961. This follows the Union Budget 2024-25 announce...
ICAI says budget proposals aim to boost growth, improve ease of doing bizICAI welcomes the tax proposals in the Union Budget 2024-25, emphasizing simplification, improved services, tax certainty, and reduced liti...
CBDT signs 95 Advance Pricing Agreements in FY23This includes 63 Unilateral APAs (UAPAs) and 32 Bilateral APAs (BAPAs). With this, the total number of APAs since inception of the APA prog...
No tax on rent to be paid by owner, if the tenant defaults on it: Tax tribunalThe Income-tax Appellate Tribunal has given this ruling in respect of a case pertaining to Navi Mumbai based leasing company. This will hav...
Taxpayers' charter to send right message to global investors on regulatory certainty: ExpertsExperts said the push to ensure honest taxpayers have certainty and a non-adversarial or soft-touch regime would help put energy and effort...
CBDT signs 14 unilateral, 2 bilateral APAs in MarchWith the signing of these agreements, the total number of APAs entered into by CBDT has gone up to 219. This includes 199 unilateral APAs a...
- Government enters into 9 unilateral APAs with taxpayers in July
The taxpayer has the option to rollback the APA for four preceding years, as a result of which nine years of tax certainty is provided. Sin...
CBDT signs 2 more unilateral pacts with taxpayersThe two APAs signed earlier this month pertain to sectors like chip design or development of embedded software and information technology (...
CBDT signs 11 more advance pricing pacts with taxpayersUnilateral APAs refer to the signing of agreement with the Indian tax authorities and an MNC, while bilateral APAs also involve the governm...
Tax Department signs 7 more unilateral APAs with entitiesThe Tax Department today signed seven more unilateral Advance Pricing Agreements (APAs) with taxpayers with an aim to reduce litigation.