Taxation

Govt may seek to tighten grip over mineral-bearing land with MMDR Bill

The proposed law would restrict state taxes and cesses on mineral rights and mineral-bearing land while invalidating levies that have not yet been collected

Updated On: 09 Aug 2026 | 11:09 PM IST

Data centre sector gets policy boost as LS clears taxation amendment Bill

The Bill recognises leased data centres under the tax framework and removes notification requirements, with experts expecting faster investment and lower set-up costs

Updated On: 07 Aug 2026 | 7:06 PM IST

Tax Bill proposes easier norms for data centres, incentives for electronics

Proposed amendments seek to simplify tax rules for data centres, improve ease of doing business and provide long-term certainty for electronics manufacturers and cloud firms

Updated On: 05 Aug 2026 | 3:21 PM IST

Reit, Invit investors to regain dividend tax break; SPV surcharge will rise

The government proposes restoring tax-free REIT and InvIT dividends while raising the surcharge on SPVs to keep the changes revenue-neutral

Updated On: 04 Aug 2026 | 11:35 PM IST

Tax Bill to widen steps to attract foreign investment, ease rules

The government plans to widen tax incentives for offshore funds, electronics, data centres and diamond trading to attract long-term foreign investment and boost ease of doing business

Updated On: 03 Aug 2026 | 11:38 PM IST

76% taxpayers below 25 report multiple income streams, up from 14% in 4 yrs

Retail investing becomes mainstream as 39% of taxpayers report capital gains

Updated On: 31 Jul 2026 | 9:44 AM IST

How cryptocurrency investors can avoid tax and regulatory trouble

Use registered platforms, report every trade and maintain a complete audit trail

Updated On: 13 Jul 2026 | 7:30 AM IST

Govt hikes windfall tax on petrol, cuts levy on diesel and ATF exports

The government has lowered export duties on diesel and aviation turbine fuel while raising the levy on petrol exports as global crude oil prices continue to ease

Updated On: 30 Jun 2026 | 10:58 PM IST

How NRIs should navigate changes in tax status when returning to India

As their status changes from NRI to RNOR and then to ROR, both their tax and disclosure obligations change

Updated On: 21 Jun 2026 | 10:47 PM IST

Capital gains don't deserve a special tax privilege if labour doesn't

There are also social risks that accompany huge bets on labour-saving technologies like AI and robotics

Updated On: 19 Jun 2026 | 11:00 PM IST

Best of BS Opinion: Why India must leave retrospective taxes behind

From retrospective taxation and quality reforms to polymer notes, exam glitches and middle-class stress, today's opinion pages examine key policy challenges

Updated On: 02 Jun 2026 | 6:15 AM IST

Let the past be past in tax policy: The cost of retrospective taxes

The current decision on online gaming-gambling is a case in point. This is not an activity that creates large employment, not does it serve genuine needs of people

Updated On: 01 Jun 2026 | 10:39 PM IST

Is the world going to tariff Big Tech as WTO shifts digital trade rules?

Internet has been tariff-free for decades; if that changes, it's because the world has decided it can't allow the US to run its digital empire forever

Updated On: 10 Apr 2026 | 9:58 AM IST

Govt plan to levy data tax may earn nearly ₹30K cr in revenue: IIFL Capital

₹1/GB data tax could fetch ₹30,000 crore but raise mobile bills by up to 20%, says IIFL; proposal may face pushback over regressive impact

Updated On: 02 Apr 2026 | 9:11 PM IST

CBDT issues revised DIN norms, replaces 2019 circular on tax notices

New guidelines introduce flexibility in quoting DIN in tax communications while ensuring traceability and reducing litigation over procedural lapses

Updated On: 31 Mar 2026 | 8:45 PM IST

Super-rich tax may address inequality, says former CEA Kaushik Basu

Kaushik Basu says progressive taxation on very high incomes can reduce inequality without weakening enterprise, while experts stress restoring trust through jobs and welfare systems

Updated On: 21 Mar 2026 | 12:11 AM IST

HCs tighten scrutiny of GST enforcement actions amid due process concerns

High courts are tightening scrutiny of GST enforcement actions, emphasising due process and procedural fairness in cases involving registration suspensions and bank account attachments

Updated On: 17 Mar 2026 | 11:46 PM IST

IRS can share immigrants' taxpayer data with ICE, says US appeals court

A Washington, DC, federal court on Tuesday rejected a request from an immigrant rights group to temporarily block the IRS from sharing certain taxpayer data that could make it easier to identify and deport people who are in the US illegally. A three-judge panel for the US Court of Appeals for the DC Circuit declined to issue a preliminary injunction for the immigrants' rights group, Centro de Trabajadores Unidos, and other nonprofits that are suing the federal government over the data-sharing agreement signed last April by Treasury Secretary Scott Bessent and Homeland Security Secretary Kristi Noem. The agreement allows US Immigration and Customs Enforcement to submit names and addresses of immigrants inside the US illegally to the IRS for cross-verification against tax records. In declining the preliminary injunction request, Judge Harry T Edwards wrote that the nonprofit groups "are unlikely to succeed on the merits of their claim," since the information the agencies are sharing .

Updated On: 25 Feb 2026 | 10:22 AM IST

Ireland relies on 3 multinationals for 46% of corporate tax: Fiscal council

This sharp increase was largely driven by increased payments from the top three payers, the watchdog said, noting the increased risk of more concentrated receipts

Updated On: 19 Feb 2026 | 8:07 AM IST

Sovereign Gold Bond issue: Why tax certainty matters for investors

The government is free to change the law for the future. But changing the tax outcome of past investments weakens confidence in the stability of the system

Updated On: 15 Feb 2026 | 9:46 PM IST