Search For "corporate tax"
India-based GCCs emerge as global hubs for complex tax operations: Deloitt
Updated : 9 months, 2 weeks ago IST
Global companies are now using their India-based Global Capability Centres (GCCs) to run complex tax operations, covering corporate tax, indirect tax, transfer pricing, and litigation, according to a whitepaper report released by Deloitte, a multinational professional services firm.
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India's direct tax collections surge 19.06 pc YoY to Rs 21.88 lakh cr as o
Updated : 1 year, 1 month ago IST
India's direct tax collections have witnessed a robust growth of 19.06 per cent year-on-year (YoY), reaching Rs 21.88 lakh crore in the financial year 2024-25 (up to February 10, 2025), as per the latest data released by the Income Tax Department.
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Indirect tax to rise by 8.3 pc, corporate tax by 10.4 pc in FY26: Report
Updated : 1 year, 1 month ago IST
The government's indirect tax collection is expected to increase by 8.3 pc in the financial year 2025-26 (FY26), according to a report by ICICI Bank.
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FTA corporate tax awareness initiatives reach over 15,700 participants in
Updated : 1 year, 1 month ago IST
This includes those attending in-person events across all emirates and virtual sessions hosted by the Authority, marking an 8.7 percent increase from 14,455 participants, in 2023.
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Long-term reforms rather than short-term measures expected from the first
Updated : 1 year, 1 month ago IST
Later, in the first full budget of his second term in 2019 the focus shifted towards bolstering domestic manufacturing, advancing the Aatma-Nirbhar Bharat initiative, cutting corporate taxes, and promoting green energy, fuelling a surge in market capitalization, profitability of domestic cyc
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Global leaders call for action on AI and Regional Reforms at World Economi
Updated : 2 months, 1 week ago IST
US President Donald J. Trump outlined his strategy to bolster the US economy and "unleash" investment in a wide-ranging speech via live video link to around 3,000 global leaders at the World Economic Forum Annual Meeting in Davos.
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Gross Direct Tax collection sees 19.94 per cent growth as of January 12
Updated : 1 year, 2 months ago IST
Corporate tax (CT) contributed Rs9.72 lakh crore, while non-corporate tax (NCT) stood at Rs10.45 lakh crore. Collections from Securities Transaction Tax (STT) surged to Rs44,538 crore, and other taxes contributed Rs2,868 crore. These figures highlight robust growth across key categories, dri
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Trade Unions demand super-rich tax, hike in corporate tax and raising inco
Updated : 1 year, 2 months ago IST
In their customary pre-budget meeting with Union Finance Minister Nirmala Sitharaman, trade union leaders suggested a super-rich tax and an increase in corporate tax to fund social security for informal workers.
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Filings UAE Mobile App Launched by EQL Financial Technologies
Updated : 1 year, 3 months ago IST
Chennai (Tamil Nadu) [India], December 23: EQL Financial Technologies, a leading digital tax and compliance solutions provider, today announced the launch of its Filings UAE mobile app, designed to simplify and streamline the process of starting and operating a business in the United Arab Em
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UAE: Ministry of Finance announces amendments to Corporate Tax Law
Updated : 1 year, 3 months ago IST
The UAE Ministry of Finance has announced updates in relation to certain provisions of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses.
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FTA urges persons subject to Corporate Tax to file returns, settle payable
Updated : 1 year, 3 months ago IST
The Federal Tax Authority (FTA) has called on businesses subject to Corporate Tax to file their returns and pay their dues for their respective tax periods within the stipulated legal timeframes.
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Income contraction of Corporate, Govt along with higher taxes on household
Updated : 1 year, 3 months ago IST
Urban demand witnessed a contraction in the second quarter of FY25 because of declining incomes in the corporate and government sectors coupled with an increasing tax burden on households, according to a report by Systematix Institutional Equities.
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