India's demand for back taxes running into a record $1.4 billion from Volkswagen, after 12 years of scrutiny, is reigniting ...
India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 97.5% ...
The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...
The New Income Tax Bill was cleared by PM Narendra Modi-led Union Cabinet last week. It features 536 clauses across 622 pages ...
As India moves closer to a major tax overhaul, the new Income-Tax Bill 2025 seeks to simplify the tax structure and to make ...
India's retail inflation slowed to 4.31% in January from 5.22% in December, government data released on Wednesday showed.
India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of ...
Investors are pulling cash from exchange-traded funds that focus on India, as tax cuts and interest rate reductions fail to ...
This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay ...
Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...
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