'60% of taxpayers will shift to new tax regime'

'Personal income tax is growing by 27 per cent and most refunds have already been issued.' Illustration: Dominic Xavier/Rediff.com "Suppose you are a taxpayer and you have been filing returns and......

Made-in-America tax plan may hit India's manufacturing firms

US proposal to raise the global corporate tax rate to 28% from 21% might face resistance from countries unwilling to give up their edge and compete with America on its terms. Global minimum......

No Google tax on ecommerce deals by Indian arm of foreign companies

In a bid to provide a level playing field, the government has decided not to levy 2 per cent digital service tax if goods and services are sold through Indian arm of foreign e-commerce players.......

Google tax contributes merely 1% of direct tax kitty

A total of Rs 396 crore has been mopped up, as on August 20 against Rs 407 crore collected in the same period last year. This was despite the expansion of the levy to online e-commerce players from......