The Supreme Court held that ink and chemicals used to print lottery tickets qualify as goods under a works contract, upholding the Allahabad High Court order
LocalCircles' survey found that 42% of consumers were only "partially confident" and 33 per cent were "not confident" about companies lowering MRP in line with the revised GST rate
The big question: Are these companies paying their fair share of taxes in India? That question has triggered a series of tax disputes between foreign firms and Indian authorities
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
IATA Director General Willie Walsh calls on India to provide clarity on tax laws affecting foreign carriers and highlights concerns over airport charges to unlock aviation sector potential
High-net-worth individuals (HNIs) in India are increasingly investing in agricultural land and farmhouses to claim tax-exempt income under Section 10(1) of the Income Tax Act.
Nearly 2 out of every 3 professionals could've saved taxes through legal strategies. 1 Finance research shows that tax-saving potential wasn't uniform; it varied widely by income.
Growth has slowed significantly in FY25 as both life and non-life segment report single digit growth, partly because of changes in reporting norms, as well as lower credit by NBFCs and MFIs
This decision, announced in the Finance Bill 2025-26, will benefit global tech companies like Google, Meta, and Amazon by reducing their tax burden and operational costs in India
If you have chosen the old tax regime, ensure that your tax-saving investments under Sections 80C, 80D, 80G, and others are made before March 31 to maximise tax benefits