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Foreign Tax Credit

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Don't Want IT Notice? Read This NOW!

Tax evaders, BEWARE!The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints. Kindly note this illustration generated using......

'America is back': White House website changes

The White House website had a new look with the bold banner headline 'America is back' seconds after Trump was sworn in as the 47th President of the United States on Monday. IMAGE: First lady......

Crypto use suspected in terrorism, secessionist activities: FIU report

A trends study conducted by the federal financial intelligence unit of India has expressed "suspicion" that cryptocurrency is being used across the country's landscape in serious criminal acts like......

The North-South Battle Gets Ugly

With its age-old fascination for education, southern states have done better than the North.Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South.Nearly 79% of......

Former PM Manmohan Singh, architect of India's economic reforms, dies at 92

Former prime minister Manmohan Singh, the architect of India's economic reforms and a consensus builder in the rough world of politics, died in New Delhi on Thursday night. IMAGE: File image of......

Foreign companies' tax burden at record low in India

Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Illustration: Dominic Xavier/Rediff.com Foreign private companies paid 24.36 per cent of......

Startups face I-T department heat over funding through Singapore

The income-tax (I-T) department has issued showcause notices under Section 68 of the Income-Tax Act to several startups over funds routed through Singapore, seeking explanations for investments......

IndusInd's risk handling under lens: Moody's

Global Rating agency Moody’s on Wednesday said it was reviewing IndusInd Bank’s  risk management capabilities, and its leadership transition, with the private sector lender......

India's export performance remains uninspiring amid weak global position

March 31 marked 10 years since the Modi government introduced its first Foreign Trade Policy (FTP 2015-20) that lasted for 8 years before the current FTP 2023 came in. Here is a brief assessment.......

Sitharaman turns middle class hero with tax cuts, reforms

Finance Minister Nirmala Sitharaman on Saturday announced significant income tax cuts for the middle class and unveiled a blueprint for next generation reforms as she looked to shore up a slowing......

Ajay Devgn's Sequel Love

Move over Stallone and Schwarzenegger, Bollywood's beloved brooder has quite a few film franchises to his credit. With Raid 2, where Ajay Devgn reprises his role as an income tax hawk swooping on......

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