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Multi-billion-dollar Godrej family settlement won't attract tax: Sources

The group has opted for the 'family arrangement' route under tax law, which is exempt from capital gains tax

Foreign lawyers' entry in India faces legal hurdle in court

A court has agreed to consider a petition contesting the move, putting overseas lawyers' ability to practise law in India at risk.

Foreign Lawyers' Entry in India Faces Legal Hurdle in Court

Will WazirX's Nischal Shetty, ex-Zebpay CEO Avinash Shekhar's crypto futures fall outside income tax ambit?

The newly launched platform, Pi42, will allow Indian crypto owners to participate in derivative trading with 10-20x leverage using the rupee

Income tax notices sent out for overseas investments

Even those who have declared overseas assets in their Income Tax Returns (ITRs) have received notices due to a mismatch between the information available with the tax department and ITRs

Budget 2024: Startups get tax exemption, manufacturers left out

Tax exemption scheme for startups, sovereign funds, GIFT City units extended by a year

Manufacturing companies face uncertainty as Budget mentions no extension of beneficial tax rate

According to tax experts, the budget documents are silent about extending the applicability of the Section 115BAB of the Income Tax Act. The section provides a beneficial tax rate of 15 percent to companies incorporated post 2019 and who begin their manufacturing before March 31, 2024.

Budget 2024: 6 things taxpayers want FM Sitharaman to include in interim statement

Interim budget expectations: From tax slab revision to removal of GST on insurance policies, taxpayers feel FM Nirmala Sitharaman should accommodate some of their wishes in the Interim Budget ahead of the comprehensive statement expected later this year.