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income tax

PM Modi's switch to faceless assessment irks tax unions

Finance

15 October, 2019

PM Modi's switch to faceless assessment irks tax unions

Indian tax officials are pushing back against Prime Minister Narendra Modi’s new faceless tax assessment program, complaining about a lack ......

Govt panel suggests across board corporate tax cut to 25%

Economy

20 August, 2019

Govt panel suggests across board corporate tax cut to 25%

An Indian government panel has recommended cutting the corporate tax rate to 25% from 30% for all companies and scrapping ......

Govt may roll back tax hike for foreign portfolio investors

Finance

08 August, 2019

Govt may roll back tax hike for foreign portfolio investors

India is likely to exempt foreign portfolio investors (FPIs) from an increase in taxes in this year’s budget approved by ......

Will the budget proposal to raise taxes on the rich hit foreign investment inflows?

Finance

16 July, 2019

Will the budget proposal to raise taxes on the rich hit foreign investment inflows?

The government's budget proposal earlier this month to increase taxes on those with annual incomes of more than 20 million ......

Govt meets FY19 fiscal deficit target as spending cuts offset lower tax collection

Economy

09 April, 2019

Govt meets FY19 fiscal deficit target as spending cuts offset lower tax collection

India has met the fiscal deficit target of 3.4 percent of gross domestic product in 2018/19 fiscal year ended March ......

Indian shares jump as budget proposes to boost income for taxpayers, farmers

Markets

01 February, 2019

Indian shares jump as budget proposes to boost income for taxpayers, farmers

Indian shares advanced on Friday with benchmark indices rising more than 1% for the second straight session after the government ......

Indian cryptocurrency investors get tax notices as trading hits $3.5 bn

TMT

19 January, 2018

Indian cryptocurrency investors get tax notices as trading hits $3.5 bn

India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more ......

How growth in indirect taxes outpaced increase in direct taxes

General

24 January, 2017

How growth in indirect taxes outpaced increase in direct taxes

Economists say that governments must strive to collect more revenue from direct taxes and comparatively lesser from the regressive indirect ......

Deepak Chopra joins AZB & Partners

General

13 October, 2016

Deepak Chopra joins AZB & Partners

Deepak Chopra, who was counsel to the revenue department before becoming part of law firm PDS Legal, is joining Zia ......

India April-June tax collections jump on new levies, rule change

General

08 July, 2016

India April-June tax collections jump on new levies, rule change

The Indian government’s tax collections jumped in the first quarter of the financial year that began in April thanks to ......