Relief for tech firms as I-T revokes circular on transfer pricing

Clarifies 'profit-split' will not be only method to compute tax The income-tax department on Saturday revoked its recent circular on adoption of profit-split method as a preferred mode for......

Indian businesses turn sceptical on Modi's landmark tax reform

India's existing web of federal and state sales taxes is levied at different stages of the supply chain and often results in double taxation, while forcing trucks to spend nearly a quarter of their......