India could impose a temporary tax of 15%-25% on steel from China in as soon as six months because of the "serious challenge" ...

A seemingly routine ruling by India’s top tax officials went off like metal in a microwave. The government laid out a three-tiered system for taxing popcorn depending on if it is packaged or ...

India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 97.5% income tax rate to promote economic equality. This policy led to ...

A seemingly routine ruling by India ... the tax council deliberates on how to slot goods and services into these brackets. Moviegoers, for example, face three different rates on popcorn.

Like India, most countries follow a slab structure in which instead of calculating tax as per a flat rate in a particular income range, incremental tax is charged on different slabs. India has six ...

The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...

NEW DELHI (Reuters) - India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, which is projected to grow at its slowest pace in four ...

This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay ...

The slab rate system of taxation has been a cornerstone of India’s tax framework ... the reality tells a different story. For AY 2022–23, the average total tax liability to gross income ...