TAXATION CONCERN

Indian benchmark index Nifty 50 has surged by 1,682 points or 7.6% since the June 4 debacle, driven by non-institutional investors and select institutional investors, as noted by Kotak Institutional Equities. The market's sentiment remains positive ...

The chief of the International Air Transport Association (IATA), Wille Walsh, warned that airlines may withdraw from the Indian market if concerns over taxation are not addressed. Several global airline groups including Emirates, British Airways, Lu...

As the UK gears up for a crucial general election on July 4, Conservative PM Rishi Sunak and Labour leader Starmer vie for business support. Executives from various sectors weigh in on key issues, such as London's equity market reforms, workers' rig...

Peer-to-peer trading through escrow services on banned crypto exchanges has increased five times during weeks of high trading volume in March and April, according to a study conducted by Delhi-based policy think tank Esya Centre.

Women in Delhi actively participate in politics, with a voter turnout nearly matching men. Their influence includes perspectives, priorities, and life experiences. Concerns about safety, public facilities, affordable transport, inflation, and employ...

EY's report highlights how environmental concerns and clean energy challenges could impact Indian companies investing abroad. The report delves into areas like CBAM, transfer pricing, and investment rules, emphasizing the need for proactive measures...

Milton Friedman and Friedrich Hayek argued that redistributive policies can stifle innovation and productivity. If individuals feel their efforts will be heavily taxed or redistributed, they may not be motivated enough to invest in new ventures or i...

The Department for Promotion of Industry and Internal Trade (DPIIT) will take up for discussions lingering concerns of startups on issues around Angel tax, taxation of Employee Stock Option Plans and bank guarantee commitments in tenders in the upco...

The clarification follows concerns by tax experts over the agreement opening past investments to scrutiny from tax authorities at the time of exit following the protocol, which was inked on March 7. A key concern expressed by experts is about reopen...

“Some concerns have been raised on the India Mauritius DTAA amended recently. In this context, it is clarified that the concerns /queries are premature at the moment since the Protocol is yet to be ratified and notified u/s 90 of the Income-tax Act,...

Rajesh Gandhi from Deloitte India explains the implications of including Mauritius in the PPT requirement, affecting investments pre-2017. Uncertainty looms over treaty benefits and potential challenges for entities choosing Mauritius for non-tax re...

The pandemic led to work flexibility, impacting NRIs with significant tax implications. The article discusses tax laws, DTAA, Act exemptions, TRC requirements, foreign assets reporting, and employer tax implications for NRIs opting for remote work.

Spanish World Cup winner Iniesta, who spent five years with Japan's Vissel Kobe until 2023, was found to have failed to declare approximately 860 million yen ($5.7 million) in income for 2018, according to public broadcaster NHK and other media. If ...

Post Office Monthly Income Scheme: India Post offers a range of investment opportunities, including the Post Office Monthly Income Scheme (POMIS). With POMIS, investors receive monthly interest payments, with the interest rate being adjusted by the ...

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As we approach the Interim Budget 2024, the crypto industry anticipates with earnestness that the government will address the prevalent challenges, signalling a critical juncture for the sector.

Interim budget: India leads the charge in the new era of taxing Multinational Enterprises (MNEs) with the introduction of BEPS 2.0. The Two-Pillar Solution under OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) focuses on digi...

The interim budget for 2024 is expected to revolutionize India's economic landscape and address the challenges faced by NRIs. It will prioritize opportunities to boost economic growth and reduce the tax burden for NRIs. The budget is anticipated to ...

The roundtable session deliberated the bottlenecks faced by MSMEs within the e-commerce sector under the current GST regime and offered recommendations to promote ease of doing business.