Direct Tax Law

Currently, foreign companies operating or leasing data centres in India may be taxed at a higher corporate rate of 35 per cent, compared to 22 per cent for domestic firms, according to Moneycontrol

Experts decode how your cash, property, or crypto gifts could quietly land you on the tax radar

The proposed simplification of the tax code offers a chance to instil accountability, following the model of the Public Service Guarantee Acts

This week we write about how to file tax returns for investments or income in foreign countries

Exemption-free option a good move, but clarity needed

DTC panel makes no sweeping suggestion on it; any possible govt action only in 2020

The panel had also incorporated some suggestions of the previous Arbind Modi committee

PM Modi had observed that the Income Tax Act, 1961, was more than 50 years ago and it needs to be redrafted

The panel has been given more time by Finance Minister Arun Jaitley

Arbind Modi, member (legislation) of the Central Board of Direct Taxes (CBDT), is convenor of the task force