Google, Facebook may face tax in line with India business
Multinational enterprises (MNEs) such as Google, Facebook, Amazon and Netflix (to name a few), which have a huge consumer base in several countries
Banks seek deferred tax assets clarity
Banks with huge DTAs on their books have reached out to the Reserve Bank of India (RBI) to synchronise its provisioning norms with
Limited liability partnerships may lose sheen as new tax rates kick in
The basic tax rate for companies has been reduced to 22 per cent from 30 per cent earlier, and that for new domestic
MAT breather to give a leg-up to bankruptcy resolution and M&As
Analysts say the MAT exemption will lead to better realization of the asset sale The Taxation Laws (Amendment) Ordinance exempts companies opting for
Govt nets Rs 939cr from online ads on Google, Facebook in FY19
Tax receipts arising from a levy on payments made to digital advertising platforms such as Google and Facebook from Indian entities jumped 59
Tax on online ads on Google, Facebook makes govt richer by Rs 939 crore
Going by the 6 per cent tax rate for the equalisation levy, the tax collection of Rs 939 crore in FY19 suggests that