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Articles for Tax

India Needs To Shift Taxation Focus From Rates To Revenues To Be Developed Economy By 2047: Experts

India can reduce taxes, maintain a low tax-to-gross domestic product (GDP) ratio and still collect robust taxes because of its large population

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Taxing The Titans: Can Wealth Taxes Bridge India's Inequality Gap

India's stride towards economic ascendancy has been monumental, lifting millions out of the abyss of poverty. Yet, the spoils of this conquest remain ensnared in the clutches of a privileged few, writes Dr. Vikas Singh

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L&T Faces Rs 4.68 Cr Penalty From Income Tax Department

The penalty is linked to tax proceedings concerning its subsidiary, L&T Hydrocarbon Engineering Limited

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Edelweiss Rural & Corporate Services Received Rs 2.61 Cr Tax Notice

The company stated that the notice, received on 31 May 2024, pertains to the assessment year 2016-17 and includes certain disallowances.

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India Again Slashes Windfall Tax On Petroleum Crude

The special additional excise duty (SAED) on crude petroleum has been slashed from Rs 8,400 per tonne to Rs 5,700 per tonne with immediate effect

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SBI Net Profit Grows Around 22% YoY In FY24 Despite Wage Settlement

On a quarter-on-quarter (QoQ) basis the growth in the net profit has been 125.87 per cent due to a lower base effect

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Monday Market Should Show Recovery Post Clarity On Tax Rumours: Experts

In the global markets, the investors will closely monitor ongoing earnings results and the GDP data from the European region, both of which are expected to impact market dynamics

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Karnataka HC Directs Govt To Protect Bike Taxi Services

The significance of protecting the rights of bike taxi operators and creating a conducive environment for their services has been reaffirmed by this decision

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