Reducing Corporate Tax Can Help India Achieve a $5 Trillion Economy

Before the Union Budget 2019-20 presentation by the Finance Minister Nirmala Sitharaman,…

Is the newly introduced section 194N in Union Budget 2019 confusing?

FM Nirmala Sitharaman in her first maiden Budget introduced Section 194N for…

Tax for Middle-Income Earners Likely to Change under Direct Tax Code

In November 2017, the Indian government formed a task force to evaluate…

Inheritance Tax has Potential to Reduce Wealth Inequality in India

India is listed as a country that has not been taking measures…

Tighter Tax Rules on Religious and Education Trust Income

The income of religious and education trusts is mostly tax-free. That is,…

Is it right to make Army Disability Pension taxable?

We always praise soldiers for their selflessness and courage put-in to protect…

US Firms to Pay Extra 300$ Million in Taxes Post GSP Withdrawal

With India having been terminated as a beneficiary country under the Generalised…

Finance Bill proposes to impose withholding tax on gifts received by NRIs

The Finance Bill 2019 was presented in the Union Budget on 05…

Central Board of Direct Taxes rolls out plan for financial year 2020

The Central Board of Direct Taxes (CBDT) has released its action plan…

Removal of LTCG Tax Tops the List of Investors’ Expectations – Part 1

The 2018 Union Budget saw the reintroduction of the Long Term Capital…