Investment Confidence
India’s economic story has reached an unusual turning point. For years, policymakers focused on removing the structural bottlenecks that discouraged private investment.
India’s economic story has reached an unusual turning point. For years, policymakers focused on removing the structural bottlenecks that discouraged private investment.
The Supreme Court on Wednesday upheld the retrospective levy of 28 per cent GST on online gaming bets, holding that the tax was constitutionally valid and did not violate the constitutional framework governing Goods and Services Tax.
The initiative aims to simplify the tax system, maximise the use of technology, and promote ease of doing business.
Diversification of revenue streams has emerged as a critical buffer for brokerage firms amid rising regulatory and tax-related headwinds, according to a report by Crisil Ratings.
India's tax collections could surge in FY27, with gross tax buoyancy rising to 1.1 from a projected 0.64 in FY26, a report said on Wednesday.
The provisional figures of Direct Tax collections continue to register steady growth.
Australia, like much of the world, finds itself navigating turbulent economic waters. In a bid to ease the financial strain on citizens, Prime Minister Anthony Albanese has announced a bold move to reshape tax cuts, a decision that has sparked both support and controversy.
An earlier e-mail with an attachment from an American friend popped up suddenly. His water and sewerage bill would cost him $900 a year after a discount from January 2024, up from about $676 just six months ago, a neat Rs 20,000 jump in Indian terms. He would have to pay about Rs 75,000, up from around Rs 55,000.
The India’s largest insurer posted a profit after tax of 79.25 billion Indian rupees ($951.41 million) for the quarter ended Sept 30, compared to 159.52 billion rupees a year ago.
In the world of taxation, ambiguity often gives rise to disputes that can have far-reaching consequences.
