Union Budget of India 2026: Amid geopolitical tensions, volatile prices, and the energy transition, Budget 2026 may steer cross-border inve...

Industry bodies in India have submitted their wish list for the interim budget for 2024-25. They are requesting an extension of the concess...

Industry groups are proposing several direct tax measures for the Vote on Account, including extending the concessional tax rate of 15% to ...

To facilitate certain strategic disinvestments, it is proposed to allow carry forward of accumulated losses and unabsorbed depreciation all...

IDBI Bank is 95% owned by Life Insurance Corp of India (LIC) and the government, but the Reserve Bank of India (RBI) has classified it as a...

Amendments would be effected in the Income Tax Act in order to provide relief with respect to Minimum Alternate Tax (MAT) and carry forward...

It is pertinent to note that the present taxation regime for dividends is inefficient and increases the effective tax cost for the distribu...

Appropriate legislative amendment in this regard will be made in due course, a Central Board of Direct Taxes statement said on Saturday.

Central Board of Direct Taxes has put up a draft notification for stakeholder comments. It has already issued norms for determining POEM of...

I-T Act should be expanded to cover all services including activities of financial companies like NBFCs, insurance companies, hospital and ...

As the combined loss of the two airlines is estimated at Rs 2,000 crore, the move may come as a major boost to the merged entity.

In India minimum alternate tax (MAT) provisions were introduced, as a measure of ‘equity’, to tax companies on the basis of their ‘ability ...

CII has said there is need to initiate further fiscal reforms in the country's banking sector.

The PHD Chamber of Commerce and Industry (PHDCCI) has asked the government to rationalise the effective corporate tax structure.

The proposed mega merger of Air India and Indian would turn into a costly affair - with an estimated bill of Rs 300 crore.

For banks, tax relief will now ease the dead-weight of taking over another bank with accumulated losses. The Budget has allowed banks to ca...

The final report of the Kelkar panel on direct taxes is not very different from the initial consultation paper.