COVID-19 thwarts tax planning for several rich individuals and promoters
For several rich Indians who shuffle between countries to avoid staying in India beyond stipulated time or operate foreign subsidiaries through creative structures
Banks and manufacturing companies look at significant deferred tax asset hit on financials
The uncertainty around future taxable profits because of the Covid-19 virus outbreak may lead to write downs or impairments of tax assets at
Covid-19: Companies look for ways to exit pacts
Grappling with an unforeseen pandemic event, many Indian businesses are reviewing old contracts to see whether force majeure clause can be invoked and
Government may halve dividend income tax rate for big local investors
Mumbai: The government may consider effectively halving the tax rate on dividend income for individuals in the highest tax bracket, two people familiar
Companies send SOS to tax and audit experts for Vivad se Vishwas scheme
Mumbai: Several companies, including public sector units, are still reluctant to settle all their tax litigations through the Vivad se Vishwas scheme despite
Setting up pharma R&D bases in India will soon be incentivised
Mumbai: The government plans to ring in regulatory changes to give more tax and other incentives to pharmaceutical companies that set up research