Jeff Bezos attacks Biden's economic policies. White House reacts
The Amazon founder hit out at U.S. president Joe Biden for linking inflation with corporate taxes.
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No tax liability from sale of Ambuja Cements, ACC to Adani: Holcim
There will be no indemnity or tax liability for Holcim, says chief executive Jan Jenisch.
Retrospective tax: India pays ₹7,900 crore to Cairn to settle dispute
Capricorn Energy, formerly known as Cairn Energy, received net proceeds of $1.06 billion from India.
Budget 2022 LIVE Updates: Crypto is not currency, says FM
Finance minister Nirmala Sitharaman, while presenting her fourth Union Budget, said that any income from transfer of any digital assets shall be taxable at 30%.
Budget 2022: Govt reviews new personal tax slabs, incentives likely
The new slabs – with lower taxes – were offered to those taxpayers willing to forego certain deductions and exemptions. But response has been tepid.
Budget 2022: Are taxes on your crypto gains round the corner?
Industry observers have exhorted governments around the world to classify cryptocurrencies as digital asssets and not currencies.
Budget 2022 expectations: Tax cuts, WFH relief on taxpayers' wishlist
Deloitte India has recommended an additional ₹50,000 'work from home' allowance for taxpayers in the upcoming budget.
Budget 2022: 80C, PPF, LTCG relief key demands as tax cut hopes recede
A growing view ahead of the budget is that the exemption limit of ₹1.5 lakh, which has not been changed since 2014, now needs to be revised.
Budget 2022: How to raise revenue with right tax policies
Should not resort to self-defeating measures that hurt revenue in short and long run such as high tax on individuals but low tax on corporates.
Consider 8,15, 30% as 3-tier GST rates: NIPFP
The NIPFP study concludes sequencing transition to the new GST rate structure will be important to minimise the cost associated with tax compliance, tax administration and economic distortions.
