Shrivastava’s criticism comes in response to fresh developments in India's ATM transaction charges. The Reserve Bank of India ...

India's taxation system is an evolving structure aimed at economic growth and equitable revenue distribution. With continuous reforms, the central government aims to simplify tax compliance, reduce ...

India faces challenges in recovering over Rs 5.91 lakh crore from 47,674 untraceable direct tax defaulters. Similarly, 60,853 ...

The expert pointed out that US state sales tax ranges from 2.9% to 7.25%, whereas European nations impose VAT between 17% and ...

The Constitution divided governmental levies into two mutually exclusive categories: indirect taxes subject to the uniformity requirement, and direct taxes subject to apportionment. Indirect taxes ...

Net direct tax collections rose by a robust 13.13 per cent to Rs 21.3 trillion till March 16, 2025, boosted by a significant jump in advance tax collections, according to the latest data released by ...

GST, i.e., Goods and Services Tax in India, is a multi-stage ... 63 paise will come from direct and indirect taxes. Among indirect taxes, the Goods and Services Tax (GST) will contribute the ...

While GST has been hailed as a much-needed overhaul of the indirect tax system, many SMBs across ... such as bitcoin and blockchain. But India, with simple and practical innovations and massive ...

S Sriram and Dinesh Kukreja of Lakshmikumaran and Sridharan examine the tax consequences of foreign business reorganisations ...

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE RAJYA SABHA UN-STARRED QUESTION NO. 2771 ANSWERED ON- 25/03/2025 2771. SHRI VIVEK K. TANKHA: Will the Minister of FINANCE be pleased to ...

The Finance Bill 2025 has amended the rules so that only direct investments by Indian residents will be considered within the ...