August 2021

To achieve India’s energy security and climate change goals, the country needs to broaden its horizon to take a more holistic and systemic approach to the impact of products on CO2 emissions, Vikram said. Kirloskar, vice president of Toyota Kirloskar Motor (TKM). . Addressing the 61st annual SIAM convention onRead More →

Finance Minister Nirmala Sitharaman said on Monday that the rules for the recent tax amendment bill would soon be worked out. “We will have to wait until the rules are set under the recent tax reform bill,” she said when interacting with reporters here. The Tax Laws (Amendment) Bill 2021Read More →

Following the return of the Tax Laws Bill (2021 Amendment) by Rajya Sabha, all tax inquiries to companies using 2012 Indirect Transfer of Indian Assets legislation before May 28, 2012 will be withdrawn. A bill to end all retrospective taxes imposed on the indirect transfer of Indian assets was dismissedRead More →

The Rajya Sabha on Monday returned to Lok Sabha the 2021 Tax Laws (Amendment) Bill in the Lok Sabha, which seeks to reverse the effect of the 2012 Finance Bill amendment to impose tax liability on the tax on gains resulting from the indirect transfer of Indian assets with retroactiveRead More →

Parliament on Monday approved three bills aimed at abolishing several appeals courts, ending the retrospective tax on indirect transfers of Indian assets and creating a new central university in Ladakh. All three bills were approved by the Rajya Sabha, having been passed by the Lok Sabha earlier in the currentRead More →

NH to challenge taxation of NH teleworkers in US Supreme Court Concord, NH (STL.News) Today, Governor Chris Sununu released the following statement after the Massachusetts Department of Revenue issued and approved a final rule that imposes Massachusetts income tax on residents of New Hampshire who work from home for businessesRead More →

NEW DELHI: RSS affiliate national co-organizer Swadeshi Jagaran Manch (SJM) Ashwini Mahajan and BJP leader Vijay Chauthaiwale had heated discussions on Friday over the government’s bill to withdraw retroactive taxation after the the first made strong remarks against the legislation. “So are you demanding a total ban on FDI? “AskedRead More →