Tax Policies

For goods sent abroad for repairs, no tax implication based on value

The facility to import components under EPCG scheme for assembly or manufacture of capital goods by the importer was available earlier but has been discontinued since 2004

Tax policies to play a critical role in tackling 'inequality': Eco Survey

Suggests to resolve transfer pricing matters to sustain foreign investor interest

Budget 2024 Updates: Finance Minister Nirmala Sitharaman to present the Union Budget on Tuesday

Union Budget 2024: As Finance Minister Nirmala Sitharaman presents the Union Budget on Tuesday, markets expect tax cuts, infra spending, and a boost to rural demand. Stay with us for all updates

Global tax deal: Impact analysis done, govt may talk on Pillar 2 in Budget

Experts suggest India is still iffy on Pillar 1 and the equalisation levy may be extended beyond June 30

Budget 2024-25: Bringing high spirits home on alcobev players' wish list

The Perfect Pour, a Mumbai-based wine and spirits consulting firm, urges the Budget to focus on a unified ecosystem, standardised pricing, and GST

Trader loses last fight to kick out $1.8 bn UK dividend tax fraud case

Shah's lawyers had argued the claim shouldn't take place in the UK because matters of foreign tax law can't be ruled on there

Tax tweaks send foreign mutual funds into a 5-month outflow eclipse

Shadow of decline lingers in virtually all subscription-happy fund houses

Ageing wells, govt pricing, tax policies hamper crude oil production

Production has been falling consistently over years

India rules out tax policy changes for inclusion of bonds in global indices

The government doesn't plan to waive capital gains taxes, and it's concerned that foreign inflows will increase the volatility of local markets

TMS Ep220: Windfall tax, urban flooding, recession-proof stocks, Uber files

Why has the govt slashed windfall tax on fuel exports? Why urban India gets flooded every monsoon? Which stocks are investment-worthy amid imminent recession? What are Uber files? All answers here

Why has the govt slashed windfall tax on fuel exports and crude output?

The govt slashed the windfall tax on domestically-produced crude oil three weeks after imposing it. What may have prompted the govt to do this turnabout, and who all will benefit from it?

New tax regime: Big unexplained expenditure may lead to I-T review

Assessees seek clarity from tax consultants on the new regime, fearing reopening notices

Here's a tax policy roadmap for India's Net Zero commitment

It's imperative to prepare a strategic roadmap in sync with the 'Panchamrit' goals with very clear and stable tax policies to win the hearts and wallets of potential investors in RE space

Budget basics: How govt can break out of its straitjacket and raise revenue

There are two ways: deliver a rapidly growing economic pie or re-assess tax policy - reform of GST, closing corporate tax loopholes, suggests T N Ninan

Fuel price surge: What India can learn from Biden and Sunak's tax policies

When the times change, policy has to adapt. Why then is New Delhi so determined to not raise rates on under-taxed forms of income and wealth, questions T N Ninan

Best of BS Opinion: Related party risks, a new green wave of growth & more

Here are the best of Business Standard's opinion pieces for Wednesday

We continue to remain committed to India operations: Toyota Kirloskar Motor

The statement follows a Bloomberg report which said that Toyota did not plan to expand further in India

Nasscom for policy tweak to enable longer work-from-home scenario

Nasscom has asked for the abolition of OSPs (other service providers) under the Department of Telecom, under which certain kinds of work (such as voice calls) cannot be shifted to employees' homes.

Ball is now in your court: FM Sitharaman exhorts India Inc to invest more

Says govt spending alone can't be enough

Nirmala Sitharaman's Budget 2020: Trust, the new mantra in tax policy

The Centre's commitment to reduce harassment of a sound taxpayer reaffirmed