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 ...

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 ...

Below is a detailed analysis of GST revenue collections that provides valuable perspectives on the tax system's impact on different sectors and regions. GST, i.e., Goods and Services Tax in India ...

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 ...

Finance minister Nirmala Sitharaman’s eighth union budget, set to be presented on 1 February, provides a critical opportunity to boost Indian ... income tax cuts could impact this strong revenue ...

HYDERABAD: Telangana topped the country in own tax revenue (OTR ... depend on urbanised service-driven economies, the survey said. “Between FY16 and FY21, India experienced a significant ...