Tax Archives

World

2 Min Read

onJanuary 27, 2026

India-EU Trade Agreement Benefits Indian Steel Sector as EU’s Carbon Tax Approaches, Says EU Trade Commissioner

As Prime Minister Narendra Modi and European Commission President Ursula von der Leyen finalized the India–EU free trade agreement (FTA) on…

Business

2 Min Read

India's FY26 tax revenues could fall short of the goal by ₹3 lakh crore; recovery anticipated in FY27: CareEdge.

Sid

onJanuary 27, 2026

India’s FY26 tax revenues could fall short of the goal by ₹3 lakh crore; recovery anticipated in FY27: CareEdge.

India’s gross tax collections in FY26 are projected to fall short of the budgeted target by approximately ₹3 lakh crore, reflecting a modest…

Business

2 Min Read

Hitachi Energy India Receives ₹26 Crore Tax Notice for AY 2022-23, Plans to Appeal to ITAT

Sid

onJanuary 24, 2026

Hitachi Energy India Receives ₹26 Crore Tax Notice for AY 2022-23, Plans to Appeal to ITAT

On January 24, Hitachi Energy India Ltd announced that it has received an order from the Income-tax Department’s Assessment Unit…

Business

3 Min Read

Krafton, Naver, and Mirae Asset establish a ₹6,000-crore fund to support Indian startups.

Sid

onJanuary 16, 2026

India’s startup journey remains intact despite Tiger Global tax ruling; VCs emphasize returns over frameworks.

India’s startup ecosystem will remain vibrant despite the Supreme Court’s significant ruling in the Tiger Global-Flipkart tax case. Venture…

Politics

2 Min Read

BJP Teams Up with Congress in Ambernath Municipality to Exclude Shinde's Shiv Sena

Sid

onJanuary 8, 2026

BJP vows to halt water and property tax increases for two decades in Navi Mumbai.

The Bharatiya Janata Party unveiled its manifesto for the Navi Mumbai municipal corporation election on Thursday, ensuring no increase in…

Business

3 Min Read

Ukraine and EU Refute Attack Allegations, Berkshire Stock Drops on Buffett's Last Day, Tobacco Tax Impacts Market, and More

Sid

onJanuary 1, 2026

Ukraine and EU Refute Attack Allegations, Berkshire Stock Drops on Buffett’s Last Day, Tobacco Tax Impacts Market, and More

Wishing a Happy New Year to our readers. As we turn the page on the calendar, the news continues to unfold. In this first edition of the year,…

Business

1 Min Read

Legal Digest | Understanding the Tax Deductibility of Non-Compete Fees as Revenue Expenses

Sid

onJanuary 1, 2026

Legal Digest | Understanding the Tax Deductibility of Non-Compete Fees as Revenue Expenses

A key principle of capital expenditure is the expectation that its benefits will last for several years, alongside the significance of the…

World

2 Min Read

India-EU Trade Discussions in Early Next Year to Focus on Carbon Tax and Essential Minerals

Sid

onDecember 24, 2025

India-EU Trade Discussions in Early Next Year to Focus on Carbon Tax and Essential Minerals

After 14 rounds of negotiations for a potential Free Trade Agreement (FTA), India’s Commerce and Industry Minister Piyush Goyal is…

Business

3 Min Read

GST 2025: India's Indirect Tax System Undergoes Its Most Significant Overhaul Since 2017

Sid

onDecember 23, 2025

GST 2025: India’s Indirect Tax System Undergoes Its Most Significant Overhaul Since 2017

For Prime Minister Narendra Modi, the Independence Day address has increasingly evolved into a platform for signaling major economic…

Business

2 Min Read

Supreme Court: Non-Compete Fee Classified as Revenue Expenditure and Eligible for Tax Deductions

Sid

onDecember 19, 2025

Supreme Court: Non-Compete Fee Classified as Revenue Expenditure and Eligible for Tax Deductions

The Supreme Court issued a decision on Friday stating that non-compete fees paid by a company to prevent another entity from entering the same…