
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

Taxman trying to get PSUs on board ‘Vivaad se Vishwas’
Mumbai: Public sector banks and government-owned companies aren’t too keen on opting for the ‘Vivaad se Vishwas’ tax dispute settlement scheme, said people