Budget proposes ‘Vivad se Vishwas’ scheme to cut down direct tax litigation
Currently, there are 4.83 lakh direct tax cases pending in various appellate forums — Commissioner (Appeals), Income Tax Appellate Tribunal (ITAT), High Court
Non-taxpaying NRIs to be taxed in India: FM
The Union Budget 2020 has now proposed to introduce a deeming provision that every Indian citizen who is not liable to tax in
Budget 2020: Investors, not companies, to now pay DDT
Giving into the long-time demand of domestic companies, finance minister Nirmala Sitharaman on Saturday, while presenting the Union Budget, abolished the Dividend Distribution
Budget 2020: Is It Realistic To Expect Changes To Personal Income Tax Rate?
Reduction in personal income tax rates has consistently featured on the list of top asks before every Budget. This year, the clamour for
Budget may introduce tax dispute settlement scheme
An estimated 500,000 cases have been pending in the courts and quasi-judicial forums for years.
NCLT rejects Sun Pharma’s plan to demerge overseas subsidiary
The company had approached the Ahmedabad bench of NCLT for an approval to transfer investment undertakings from Sun Pharma to its Netherlands-based wholly-owned