The Income Tax Bill, 2025, introduces changes affecting NRIs and foreign companies, including tax rates on dividends and ...

The Income Tax Bill 2025 is a big step forward in making India’s tax system friendlier but there are areas that need review. Constructive stakeholder consultations will be key to refine its provisions ...

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

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: ...

The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...

The income tax rates for the assessment years (AY) 2025-26 and 2026-27 remain unchanged across categories. Under Section 115BAC, default rates for individuals and Hindu Undivided Families (HUF) ...

Carmakers and local authorities in India are embroiled in $6 billion worth of tax disputes spanning years of scrutiny by the ...

The middle class, often seen as the silent engine driving India’s economic growth, is finally at the center of fiscal relief.

Foreign companies have often struggled in India due to high tax demands related to duty evasion on imports or levies payable ...

The Union Budget 2025–2026 has eliminated tax for middle-class individuals earning up to Rs 12 lakh. This makes India’s ...

Prime Minister Narendra Modi with US President Donald Trump. File image/AP India is assessing whether a global corporate tax ...

reducing its share in the Indian company to about 10%. The Indian administration and Cairn India finally settled the years-long dispute in 2021 by offering to refund the tax amount. French liquor ...