After two successive years of reduction in the effective tax rate, Indian companies faced an increase in FY22 with the ETR rising to 23.3 percent from 22.2 percent a year ... Tax outgo will be lower ...

Finance Minister Nirmala Sitharaman's Budget 2024 modified income tax slabs, favoring the new tax regime. The old regime, ...

As the country moves towards February 1, when Finance Minister Nirmala Sitharaman is expected to submit the Union Budget 2025 ...

Cost of bonus shares shall be treated as nil/zero to work out capital gains when you sell those shares. You may adopt the ...

India should simplify the taxation of charitable trusts and introduce a special tax regime for firms and limited liability partnerships, according to an accountant group.

Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.

Once again salaried individuals will be required to file their income tax return (ITR) before the deadline for assessment ...

Budget, Finance Minister Nirmala Sitharaman expanded the income tax exemption slab and raised the standard deduction for all ...

In a message to the new regime taking shape in Syria, Prime Minister Benjamin Netanyahu said on Tuesday that Israel wants to establish relations, but won’t hesitate to attack if it threatens the ...

One such critical reform, currently being pursued by President Bola Tinubu, involves the restructuring of our nation’s tax system—a move that promises to lay the foundation for sustainable economic ...

Among them was my niece, this small, she was nine years old. She died. What can one say?" Countless people also disappeared into the regime’s brutal prison system, condemned to a life of torture ...

The Prime Minister has constituted an 8-member committee to review the taxation regime for Newly Merged Districts, also known as FATA. According to the letter, FBR, on the recommendation of the PM ...