Page 5 - Taxation Laws

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

Should violations of tax, anti-corruption laws be subject to surveillance?

Interceptions in India today are authorised by eight central enforcement agencies for a spectrum of issues

Best of BS Opinion: J&K occupying public discourse, but what about economy?

The opinion pages set out some of the critical issues that policy-makers need to confront, says Kanika Datta

A look at proposed changes in tax laws that could boost the stock market

The abolition of the DDT is one of the long-pending demands of market players as it leads to double taxation

Govt mulls more steps to boost market sentiment, may scrap DDT, rejig LTCG

Officials believe DDT is acting as a hindrance to the inflow of foreign investment in the country; govt has been discussing the matter with regulators

Kind employers may offer gifts, but onus lies on employees to pay tax on it

Gifts from an employer to employee is taxable as perquisites if their value is more than Rs 5,000.

Direct Taxes Code panel for status quo on LTCG tax, STT; wants DDT to go

Suggests rejig of 20% and 30% slabs of personal income tax

Where angel investors fear to tread: The law that's taxing Indian start-ups

Despite relaxations and guidelines announced by DIPP and CBDT over the last couple of years, valuation mismatch continues to divide tax authorities, investors and the start-up community

Readers' Corner: How are dividends of debt and equity mutual funds taxed?

When dividend is reinvested, it becomes eligible to be allowed as a deduction under Section 80C of the Act

Readers' Corner: Taxation

There should not be any problem so long as as you are using the correct applicable form