India’s recently presented Union Budget on February 1, 2025, introduces significant tax and regulatory reforms with a strong ...

The new tax regime is a significant reform that will bolster India's semiconductor and electronics manufacturing ecosystem, ...

Foreign companies have often struggled in India due to high tax demands related to duty evasion on imports or levies payable on big M&A transactions, leading to prolonged litigation at times.

India's demand for back taxes running into a record $1.4 billion from Volkswagen, after 12 years of scrutiny, is reigniting ...

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.

Elon Musk may be finally moving forward with launching Tesla's electric cars in India, following recent discussions with ...

“NRIs shall still continue to face a 20 per cent tax on dividend and interest income from Indian companies, with a reduced 10 ...

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes no substantive changes, it lays a foundation for India to improve the law.

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: ...