India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media ...

Additionally, international cooperation is critical, as DeFi transactions often cross borders. Double taxation risks arise when multiple jurisdictions attempt to tax the same income. India could adopt ...

Ministry of Finance addressed revenue loss and benefits related to tax incentives for corporates. From Assessment Year (AY) 2020-21 to AY 2024-25, companies claimed various income tax exemptions and ...

Almost all finance ministers of India have faced the challenge of widening the country's tax net. While the debate over how few people pay income tax ... in additional revenue, there is a limit ...

The government is considering raising the standard deduction and adjusting income tax slabs in the upcoming ... seen to be crucial in a country like India where individuals, barring those in ...

Modi government presented its first full-year budget in his third term. Follow Bloomberg India on WhatsApp for exclusive content and analysis on India's pitch to the world. Sign up here.

Budget 2025: Borrowings and Liabilities contribute the most to the budget’s revenue, making up 24% of the total. This is a slight drop from 27% last year. Income Tax ranks second, accounting for ...