News India Taxes: India’s tax panel suggests higher taxes on luxury electric cars – report
Tata Motors currently holds a near 40% share in the Indian electric car market, followed by Mahindra with 18%. Credit: Sudarshan Jha/Shutterstock.com. An Indian tax panel has put forward a proposal ...
News India Taxes: India, France amend double tax avoidance treaty: what changes does it bring?
India and France have signed a protocol to amend the Double Taxation Avoidance Convention (DTAC), in an effort to boost tax certainty in the economy. The amendment replaces the earlier single tax rate of 10% with split tax rates. Here's what you need to know.
News India Taxes: Russia Proposes SWIFT Alternative to India for Ruble Payments
Russia also wants India to link its UPI with their MIR payments system for seamless use of cards issued by Indian and Russian banks. This, after Visa and Mastercard exited the nation due to the Ukraine war.
News India Taxes: Crypto Tax rules in India: How will cryptocurrency assets be taxed from April 1?
Cryptocurrency investors in India will have to pay tax under the new scheme for Taxation of Virtual Digital Assets from April 1. The Union Budget 2022-23 brought in clarity pertaining the levy of ...
News India Taxes: India’s Crypto Industry Braces for New Taxes, More Uncertainty
India’s crypto community is preparing for a 30% tax on income from crypto transactions due to take effect April 1—even as it grapples with a host of concerns and questions surrounding the tax and crypto’s legal status.
News India Taxes: In India, 30% Tax To Be Levied On Profits From Cryptocurrency, Digital Assets From April 1
While trading cryptocurrencies like bitcoins will have a tax rate of 30%, a 1 percent TDS and gift tax will be placed under certain conditions.
News India Taxes: Indian MP proposes raising crypto tax higher than 30%
Sushil Kumar Modi, a member of Parliament (MP), has urged India’s finance minister Nirmala Sitharaman to consider raising the capital gains tax on crypto income to over 30%, the flat rate scheduled to kick in from April 1. See related story: India’s tax bogeyman is scaring off young crypto investors Fast facts The minister argued […]
News India Taxes: Tesla's Musk says 'working through challenges' with India government
Tesla Inc is "still working through a lot of challenges with the government" in India, its billionaire chief executive Elon Musk said on Twitter on Thursday, responding to a question on when it would ...
News India Taxes: India’s infirm reforms path
Is India a market maker or a market taker? In financial jargon, “takers” buy or sell at the price available in the market whilst “makers” ...
News India Taxes: Critics of BJP-led government in India face politically motivated harassment, prosecutions, and tax raids: Human Rights Watch
In July, the death of jailed tribal rights activist Stan Swamy, 84, was emblematic of the ongoing persecution of rights activists.
