How location mapping services are helping businesses and governments work better

As America seeks to counter a rising China, no nation is more important than India, with its vast size, an abundance of highly skilled technical professionals, and strong political and cultural ties with the United States, the ITIF think-tank said in its report

Without them, without those fiscal and monetary measures, the global contraction last year would have been three times worse. This could have been another Great Depression, IMF Managing Director Kristalina Georgieva noted

Taxpayers can import and pre-fill the data from e-filing portal and can also fill the remaining data. Since the facility to upload income taxreturn forms is not enabled yet, filers can fill and save the offline utility for now

Only the bare minimum changes necessitated due to amendments in the Income-tax Act, 1961 have been incorporated in the forms, CBDT said in the notification for the new ITR forms

The interest that you earn from employee's provident fund (EPF) is exempt from tax under the existing tax provisions. However, from FY22, if your EPF contribution goes above Rs 2.5 lakh in a financial year, the interest earned on the excess amount will be taxable

A sharp increase in global crude oil prices has pushed retail rates of petrol and diesel to historic highs. Taxes are partly to be blamed, but reducing excise duties may not be easy for a cash-strapped government

As tech helps tax authorities check evasion and fraud, taxpayers complain of harassment and misuse of powers

Cairn Energy says it has full confidence on its position. The company will continue to take all steps necessary to protect the interests of its shareholders, adds British energy giant

Cairn is aiming Indian government assets in the US, UK, Canada, France, Singapore, the Netherlands and three other countries. These are primarily non-diplomatic assets, owned by the Indian government

'Big Bull' Rakesh Jhunjunwala, largest individual investor in the domestic markets, said the level of taxation on the equity markets is \"reasonable\" given the socio-economic conditions in India

The USTR, in a statement, said it \"is proceeding with the public notice and comment process on possible trade actions to preserve procedural options before the conclusion of the statutory one-year time period for completing the investigations\"

The Ministry of Corporate Affairs (MCA) has made it mandatory for companies to disclose crypto trading/investments during the financial year. Experts see it as a positive step and expect the taxation rules to follow through

The industry is still unclear about the legal status of cryptocurrencies but believes this is a positive step for the digital assets space. The industry players believe this will increase institutional participations in the crypto space in the country

Speaking in Rajya Sabha while participating in a discussion on the Finance Bill 2021, Modi told the lower house of Parliament that the Centre and states combined collect over Rs 5 lakh crore tax on petroleum products

The appeal against a three-member tribunal at the Permanent Court of Arbitration at The Hague invalidating India's Rs 10,247 crore tax claim on Cairn Energy and ordering the government to return the value of shares it had sold, comes weeks before UK PM Boris Johnson's visit to India

An individual will have to shell out up to Rs 5,000 for renewing the registration of his more than a 15-year-old car. For two-wheelers, the charges of renewal and registration would be Rs 1,000 compared to the current fee of Rs 300

The government of India has already been taking steps to encourage television manufacturing in India. In July last year, the cabinet imposed restrictions by changing the import policy for colour televisions from free to restricted

When the GST was introduced on July 1, 2017, amalgamating over a dozen central and state levies, five commodities - crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) - were kept out of its purview

The draft has stated that sharing of data for industrial development would be encouraged and regulations for data will be provided for the sharing mechanism