Abbott complimented India for undertaking comprehensive and sustained reforms programme and said that India has continued to demonstrate robust growth despite the disruptive impact of the pandemic …
India seeks to amend retrospective tax law, FM introduces bill in Lok Sabha
The government said it was undertaking the amendments to bring tax certainty for potential investors at a time when India is being pitched as an investment destination, and foreign income will aid in …
Why The Finance Ministry Wants To Amend India’s Infamous Retrospective Tax On Indirect Transfers
In a move that will help boost India’s image as an investment destination, the Finance Ministry has proposed to nullify the tax on indirect transfers introduced in 2012 and levied retrospectively over …
Meet Harshit Raja, India’s 69th chess Grandmaster
The 20-year-old Harshit Raja from Pune has several notable achievements spanning over his professional years. He won silver in U-13 National Chess Championship in Jamshedpur in 2014 and gold in the …
India seeks to amend retrospective tax law, FM introduces bill in Lok Sabha
The government said it was undertaking the amendments to bring tax certainty for potential investors at a time when India is being pitched as an investment destination, and foreign income will aid in …
Taken Note Of Retrospective Tax Changes Proposed By India, Says Cairn Energy
Cairn Energy Plc, embroiled in a tax dispute with the Indian government, said it has taken note of the Taxation Laws (Amendment) Bill 2021 introduced in Indian Parliament proposing certain changes to …
China’s smallest businesses are crumbling as costs soar and help fails to arrive, putting national economy at high risk
Small and micro businesses are the backbone of China’s private sector, but many of their owners say they are failing as most help seems to be going to state-backed sectors.
India saw 13% decline in fatal road accidents in 2020: Nitin Gadkari informs Parliament
Giving further details on road accidents in India, Road Transport and Highways Minister Nitin Gadkari informed the Lok Sabha that Tamil Nadu recorded the highest number of road accidents followed by …
China’s coal capital seeks to diversify economic growth
North China’s Shanxi Province is known as the country’s “coal capital.” Local officials have been implementing reforms to diversify its once coal-oriented economy. Shanxi serves as China’s first pilot …
Retro tax withdrawal bill aimed for investors’ confidence in India: CBDT
The move to do away with retrospective taxation is aimed at instilling foreign investors’ confidence in the Indian economy and to deliver “equity” of justice in tax matters …