The new deadlines for uploading declarations in Form 15G/15H for Q1 is November 30. For Q2, the deadline is December 31
US Treasury Secretary Janet Yellen said that deterring use of tax havens will let countries compete on economic fundamentals instead of by offering ever-lower tax rates
The trade views these measures with suspicion and alerts the government to possible unintended consequences of the proposed amendments
To further support the start-up ecosystem, the tax holiday has been extended by one year by including start-ups incorporated till March 31, 2022 to be eligible for the tax holiday
Cars and two-wheelers attract 28% GST and a cess in the range of 3-22%, taking the effective tax rate to up to 50%
In the past couple of years, life insurers, mainly private players, have been pushing protection products to improve margins as these term plans enjoy a higher margin
If an MNC wants to invest in India, the company structure seems attractive. For Indian promoters, LLPs still appear to be a better option
Those not availing treaty benefits may have to shell out as much as 40% tax
Dividend income holds a significant share in the profit before tax of a life insurance company, of 24-37 per cent in 2018-19, it is estimated
Is PPP the magic bullet for everything the government wants to do?
Tax rate cuts, job creation measures expected: BS POLL
Altering personal tax rates with this goal in mind will help boost consumption
Experts believe the lower tax rate is a significant contributor in making India's debt market attractive to overseas investors
Sources said that a higher flat rate is also being looked at for the super rich but discussions on this have remained inconclusive.
Poor responsiveness of tax collection to economic growth poses new challenges for norms on sharing taxes with the states
The key disappointment at the net profit level was led by a higher-than-anticipated forex loss and tax rate.
The abolition of the DDT is one of the long-pending demands of market players as it leads to double taxation
Markets are divided on the timing of such a move, said DBS report
There have been demands pouring in from various sectors - from biscuits to automobiles and FMCG to hotels - to reduce tax rates in the wake of economic slowdown
The realisation that the new tax rate applies not just to the super rich but also to trusts - a structure of choice for a large number of foreign funds that invest in the nation