TAXATION ISSUES

Under Indian tax laws, NRIs are taxable on their Indian-sourced income, such as capital gains, dividends, and interest. They are generally taxed similarly to residents but may face less beneficial rules in specific scenarios. The upcoming Budget 202...

China's tax exemptions on bond investments set a precedent for India's sovereign debt market, likely attracting more foreign investors. The hurdles faced by outsiders in accessing the market include lengthy documentation, tax treaty variances impact...

As the G20 finance ministers' meeting approaches, a new survey shows overwhelming public support for a wealth tax on the super-rich. Conducted by the Earth4All initiative and Global Commons Alliance, the survey reveals that 74 per cent of Indians su...

GST Council Meeting: The upcoming 53rd meeting of GST Council is poised to discuss several key measures that could pave the way for significant tax reforms ahead of the government's first full budget. Among the agenda items are -- the use of approxi...

The GST Council is set to discuss various issues in its upcoming meeting, including taxation on online gaming and the recommendation to lower tax on fertilisers by the Parliamentary standing committee. The current GST rate on fertilisers is 5%, whil...

Nigel Farage, a right-wing politician from the UK is being frequently attacked with rubbish due to his unpopular views. The UK Home Office has taken a serious view of these recent incidents.

The government is considering changes to the capital gains tax regime for debt mutual funds to provide relief for the Bharat Bond Exchange Traded Fund, amid concerns over the current taxation structure.

Pakistan's talks with the IMF ended inconclusively over disagreements on new income tax rates for salaried and non-salaried individuals and the income tax threshold, as reported by the media.

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...

India has the third largest startup ecosystem in the world, with 1.17 lakh entities (DPIIT), nearly 1,710 venture capital funds, 794 accelerators and incubators (Tracxn), and several government initiatives like Startup India. Despite this fervour an...

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...

The government is considering addressing the issue of an inverted duty structure for various products to boost domestic manufacturing. The products include paper, furniture, washing machines, solar glass, and air purifiers, the Commerce and Industry...

GST authorities are developing a mechanism to address taxation and registration issues for shared warehouses used by e-commerce companies, where multiple suppliers store goods for last-mile delivery. This issue arises because suppliers have geo-tagg...

The Foreign Tax Credit (FTC) alleviates double taxation on income earned in one country, crucial in today's globalized world. Tax Treaties distribute taxing rights between source and residence countries, aiming to prevent double taxation. Navigating...

While investing in fixed income, investors typically hunt for safety of capital and predictability of return. Most retail investors shy away from debt funds as these are market-linked. While individual bonds may seem appealing, the onus of due dilig...

Sovereign gold bonds premature withdrawal: Investors holding SGBs issued earlier can redeem them prematurely in May with potentially attractive returns due to rising gold prices. How much tax will you have to pay if you withdraw prematurely? Should ...

The Dimapur Chamber of Commerce and Industry (DCCI), which is spearheading the ongoing 'Infinite Shutter Down,' to protest against extortion by underground groups, submitted a charter of demands to the chief minister seeking the addressal on five po...

Chidambaram challenges PM Modi's misconceptions about the Congress manifesto, emphasizing promises on tax transparency, steady income tax rates, MSME tax relief, and GST reforms, while refuting 'inheritance tax' claims and highlighting BJP's fear-dr...

Sovereign Gold Bonds (SGBs) are now open for subscription! With a tax-free investment option and attractive CAGR, find out why SGBs are a strong choice for investors. Learn about who can apply, taxation, and how SGBs are performing in the markets.SG...