The EV tax credit saw a major revamp in 2024, which enabled some buyers to benefit at the point of sale. But some tax ...

A Bollywood actor wins a major tax case on Foreign Tax Credit (FTC). Learn how FTC works, key legal takeaways, and how to ...

Learn the step-by-step process for filing corporate income tax in the Philippines and ensure compliance for your foreign ...

Shah Rukh Khan has secured a crucial legal victory as the Income Tax Appellate Tribunal (ITAT) ruled in his favour, ...

The National Board of Revenue (NBR) will take a tough stance against individuals who did not file income tax returns, NBR ...

Khan had declared an income of Rs 83.42 crore in his tax return, but the tax officer reassessed it as Rs 84.17 crore and denied him foreign tax credit (FTC) for taxes paid in the UK.

Taxation of Freelancers And GIG Workers: Navigating Compliance In The Digital Age ...

In its ruling, the ITAT Pune concluded that the provisions of Rule 128 (9) are directory, not mandatory, aligning with judicial precedents emphasizing the supremacy of DTAA provisions in cases of ...

DUAL CITIZENS will be allowed to avail of the value-added tax (VAT) refund for tourists if they enter the country using their foreign passport, according to draft implementing rules and regulations ...

US Commerce Secretary Howard Lutnick said that Donald Trump aims to abolish taxes for those earning less than $150,000 a year ...

A foreign tax credit (FTC) allows taxpayers to offset income tax paid in another country against their Indian tax liability.

The Trump administration and Department of Government Efficiency are proposing a dramatic downsizing of the IRS that would ...