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
Those who sold land or building must observe the recent changes to indexation benefits for calculating capital gains tax
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
The benefits under the Remission of Duties and Taxes on Exported Products were introduced on January 1, 2021, but ended on February 5 this year
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
Realty majors hopeful of mid-level housing revival; But experts say education, savings may take priority
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
MCD's new house-tax waiver scheme offers full exemption for properties up to 100 square yards and partial relief for larger homes
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
The legal and regulatory framework governing buybacks is primarily under the Companies Act, 2013, and the Sebi Buyback of Securities Regulations, introduced in 1998 and updated in 2018 and 2023
Tax deductions are typically available based on each co-borrower's ownership share in the property and their individual contributions toward loan repayment
The 101-page, July 2023 tax notice alleges the company used incorrect tax declarations for imports such as engine and door control units between 2019 and 2022
The Budget's tax cuts, with an estimated revenue foregone of Rs 1 lakh crore, are expected to improve sentiment and have a multiplier effect on consumer demand
If you're a salaried employee, you could be saving up to Rs 96,000 in tax annually, all thanks to the NPS and standard deduction.
Sitharaman spoke on issues ranging from the theme of the Budget to income tax relief and challenging geopolitical environment
Our Editorial comment and columnists dissect the Union Budget 2025 to see what makes it tick, and what doesn't
Investments in unlisted debentures to be treated as long-term capital gains
Bombay High Court finds Income Tax Department's restriction on rebate claims for certain income types to be unfair and arbitrary