Page 3 - Taxation Laws

FM Nirmala Sitharaman's TDS, TCS move will not ease tax burden: Experts

The move will help release liquidity worth Rs 50,000 crore, according to government estimates. Experts, however, feel that its impact will be limited as tax incidence remained the same.

Tax tweaks can spur economic revival

These are extremely challenging times, and collective efforts by the government and industry would be required to bring the economy back on track

Covid-19: Relief for NRIs, foreign visitors as tax residency rules eased

The government imposed a lockdown on March 24 and is yet to open up travel, including international flights.

Covid-19 crisis: CBDT chargesheets 3 IRS officers for leaked report

The IRS Association has forwarded its report to the CBDT.

Six changes in tax rules that come into effect today

Today is first day of the financial year 2020-21, and with new year come new tax rules. Here are the six changes that come into effect from today

New tax rules: Here're the changes that come into effect from today

Those who buy mobile handsets have to shell out more as goods and services tax rates on them have been hiked.

Vivad se Vishwas: Let this be the last scheme

We need innovative solutions to address tax litigation

AARs can determine place of supply under the GST regime: Kerala HC

This is an important settlement of a legal issue in GST since Authority for Advance Rulings have not been going into this matter, saying it is beyond their jurisdiction

Can't cherry-pick issues under 'Vivad se Vishwas', clarifies govt

Disputes relating to wealth, securities transactions, commodities transaction tax, and the equalisation levy will not be covered under the Vivad se Vishwas amnesty scheme.

Govt wants continuous engagement with businesses, industries: FM Sitharaman

She said the Centre has introduced some features in the budget like "faceless appeals and sorting out of problems while imparting tax administration"

New taxation rules to hit dividends received from foreign subsidiaries

Rewriting of norms may result in double taxation, say experts

Budget 2020: NRI tax to only impact India earnings, govt clarifies

The Union Budget had proposed on Saturday that NRIs have to pay up taxes on global earnings, if they're not paying in any other jurisdiction or country, generating much debate

Budget 2020: Need for an independent council to mediate with taxpayers

It is important to introduce an efficient dispute resolution mechanism to ease the pain of an overburdened dispute resolution machinery

No tax on bonafide workers in Middle East, global income of NRIs in India

Indians working in the Middle East, as well as those in Merchant Navy, will not be taxed using the new provision

A taxing problem

The taxman has too much power in GST

Debt investors face a tax maze in India

While debt is an important source of funds for the Indian economy, investors - especially foreign investors - have to navigate through various complexities associated with taxation of debt investment

US companies bring $1 trillion home after changes in international tax law

Even so, the total remains well short of the $4 trillion President Donald Trump said would return as a result of the 2017 tax law

RS okays Taxation Laws Amendment Bill, paves way for expediting growth

The Upper House passed the legislation without any changes

No customs duty on transfer of goods from one SEZ to another: Expert

For accounting purposes, the depreciation can be worked out as per the Companies Act and for income tax purposes, as per income tax laws

Govt moves Taxation Bill in Lok Sabha seeking changes in income tax law

The Bill was introduced in the House on November 25. Some provisions of the Bill are different from those of the Ordinance