taxation
What is the global minimum tax deal that India, 135 other nations have agree on?
The minimum tax and other provisions aim to put an end to decades of tax competition between governments to attract foreign investment
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Centre foregoes retro tax power
Introduces Bill to amend Income-Tax law
France says it will go ahead with taxing Big Tech if US plays hooky on negotiations
In January, 137 countries, including India, agreed to negotiate tax on tech firms but since tech gains during lockdown, US has backtracked.
I-T revises return forms to enable taxpayers avail benefits of timeline extension
The new income tax returns forms will be notified by the month-end and return filing utility would be available by May 31
Auto components industry seeks uniform 18 pc GST on all products
Currently 60 per cent of the components attract 18 per cent GST rate.
Finance ministry considering to exclude income from minor asset transfer
Virendra Kumar said the request to carry out amendment in the Income Tax Act was under the consideration of the Finance Ministry.
Favourable tax structure required to launch EVs in India: Mercedes
The fully imported completely built units (CBU) of EVs should be treated at par in terms of taxation.
Higher airport charges, taxation shackle industry: Naresh Goyal
Current airport infrastructure is unable to keep pace with the breakneck growth in capacity and traffic.
Main aim of GST is to simplify taxation process: Venkaiah Naidu
GST was deliberated for more than 15 years and only then was it implemented.