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Why India may have to withdraw 2% equalisation levy on firms by 2023

The OECD deal is intended to ensure that multinational digital entities pay more taxes in countries where they have customers or users than from where they operate. India conceding ground to bring......

Will taxpayer's charter help bridge trust deficit?

India is often viewed as an aggressive tax jurisdiction by domestic and overseas taxpayers, and making the charter as part of the Act may help restore confidence among taxpayers. Illustration:......

After Shell, Hindalco faces transfer pricing tax notice

After Shell, it’s the turn of the Aditya Vikram Birla group to get a taste of the income-tax medicine on transfer pricing. Hindalco, the owner of Novelis, is set to get a notice from the......

Can Budget 2020 help tackle tax disputes?

A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business. Illustration: Dominic Xavier/Rediff.com After rationalisation of the......

FinMin may review service tax on air travel

The finance ministry is reviewing the levy of service tax on air travel. In the coming Budget, it may consider either doing away with the tax or removing the upper limit.In July last year, the......

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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