Samsung faces $601 million tax demand from India for alleged import violations
In a major escalation of India’s crackdown on import misclassification, the government has ordered Samsung and its top executives in […]
Recent Tax News
Maharashtra govt to withdraw proposed 6% tax on EVs priced over Rs 30 lakh: CM Fadnavis
The Maharashtra government will withdraw its proposed decision to levy 6% motor vehicle tax on electric vehicles priced above Rs
Tax sleuths to target undisclosed income only
The government has proposed an amendment to the Finance Bill 2025 to clearly state that target of search and seizure
Key financial mistakes to avoid before March 31
As the financial year ends in India on March 31, it’s essential to recognise and avoid common financial mistakes. This
[Tax News] Haryana government launches tax dispute settlement scheme for small traders
The Haryana government brought in a one-time tax settlement scheme, aimed at providing some tax relaxation and waiving off of
Govt can act against tax treaty abuse despite PPT clause: Experts
The Central Board of Direct Taxes (CBDT) has clarified that the principal purpose test (PPT) provisions, designed to prevent tax
High-end EVs to cost more as bill to increase tax tabled in Maha assembly
The Maharashtra government on Wednesday tabled a bill in the state assembly to amend the Motor Vehicle Act to tax
Efforts are on to settle recovery of royalty, tax dues with certain states: Centre tells SC
The Centre on Thursday told the Supreme Court that it was making efforts to resolve the issue of recovery of
Xiaomi’s Rs 4,704 crore funds blocked amid India tax probe: Report
Xiaomi Technology India has Rs 4,704.21 crore of its funds held up as of December 2024, after local authorities attached
Centre fixing tax demand errors faced by Goans under Portuguese code
Union finance minister Nirmala Sitharaman said on Wednesday that there has been a 470% increase over four years in the
