India Inc expects Budget to lower personal income tax rates

Majority of respondents feel that the government in the forthcoming Budget will increase the standard deduction and give more incentives for housing loans. India Inc is banking on the Budget to......

The mystery about short-term capital gains tax data

'There is a huge tax differential of 15% to 20% depending on income classification.'Sachin P Mampatta reports. The latest set of tax data shows a persistent oddity when it comes to short-term......

Vodafone verdict: What lies ahead for India's tax laws, investment pacts

There is considerable speculation as to whether this award would have any bearing on another Vodafone-type case, namely, the ongoing tax-related arbitration proceedings with Cairn Energy. The......

Healthcare industry is unhappy with the Budget

The government on Monday proposed imposition of 5 per cent service tax on treatment in private hospitals, paid either by individuals, insurance companies or firms, a move described as "detrimental"......