With just a few days left for the Union Budget 2025 presentation, sectors such as banking, insurance, and others are holding ...

India has an extensive tax appeals system that starts from the Commissioner of Income Tax Appeals to the Supreme Court.

The government will introduce the Direct Tax Code (DTC) separately, rather than including it in the Union Budget 2025, which ...

The CBDT has clarified that the Principal Purpose Test (PPT) will apply prospectively, ensuring that past investments under ...

The Central Board of Direct Taxes announced on Wednesday that investments under tax treaties with Mauritius, Cyprus, and ...

Finance Minister Nirmala Sitharaman is reportedly going to announce a new bill introducing a new income tax system to simplify tax laws during the Budget Session, which starts tomorrow. But what do we ...

The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...

The Central Board of Direct Taxes (CBDT) has clarified its stance on Principal Purpose Test (PPT) regarding Double Taxation ...

The Central Board of Direct Taxes (CBDT) has issued a new guidance note on the Principal Purpose Test (PPT) for claiming tax ...

CBDT clarifies PPT application, protecting past investments under India's tax treaties with Mauritius, Cyprus, and Singapore.

In Budget 2024, one of the key proposals was the reintroduction of indexation benefits, which had been withdrawn the previous ...