The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...

The success of the Centre's ambitious measures under Union Budget 2025 will depend on swift and effective implementation.

Ultimately, India should get a fair share of tax revenue (from overseas digital firms accessing Indian market), which we are ...

Clara Bennett, Executive Director of the Boca Raton Airport Authority, expressed her enthusiasm for the ... and engaging experience for visitors of all ages. As the only structure of its kind in Palm ...

Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has issued Notification No. 12/2025 dated January 30, 2025, permitting the sharing of income tax data with the Department of Food ...

Interneurons have a multipolar structure that allows them to receive multiple signals and then send a unified command to another neuron. In this way, you can think of interneurons as traffic ...

The CBDT has clarified that the Principal Purpose Test (PPT) will apply prospectively, ensuring that past investments under tax treaties with Mauritius, Cyprus, and Singapore are not affected. This ...

The Central Board of Direct Taxes (CBDT) has clarified its stance on Principal Purpose Test (PPT) regarding Double Taxation Avoidance Agreement (DTAA), stating that it will be applicable prospectively ...

“For ensuring parity and uniformity in the application of the PPT provision under India’s DTAAs, it is clarified that the PPT provision is intended to be applied prospectively,” the CBDT ...

The income tax department has notified amendments in I-T rules to prescribe conditions for applicability of presumptive taxation regime for non-resident cruise ship operators. As a measure to promote ...

The Central Board of Direct Taxes (CBDT) in its guidance note on PPT also clarified that the grandfathering provisions under the India-Cyprus DTAA, India-Mauritius DTAA and India-Singapore DTAA ...

The Central Board of Direct Taxes (CBDT) has released a new guidance note clarifying the application of the Principal Purpose Test (PPT) for claiming tax treaty benefits, set to apply prospectively.