Brazil's Chamber of Deputies approved, in the early hours of Wednesday, a bill creating the Special Tax Regime for Data Centre Services (Redata), a measure designed to attract large-scale digital infrastructure investments with an estimated tax waiver of R$ 7 billion over three years. The pr
"I feel the big ticket direct tax reform has already happened, which is in the form of the new Income Tax Act that we have now," Hemkar told ANI in an exclusive interview.
New Delhi [India], January 13 (ANI): As India prepares for Union Budget 2026, AU Corporate Advisory and Legal Services has called for an execution-driven reform framework that strengthens investor confidence, accelerates enterprise growth and enhances institutional efficiency.
The pension industry has requested the government to restore the additional Rs 50,000 tax benefit for the National Pension System (NPS) under the new tax regime in the upcoming Union Budget as the incentives are critical to widen coverage beyond salaried Indians, Axis Pension Fund CEO and
The impact of GST 2.0 was reflected quickly in tax collections and consumption indicators. Gross GST collections rose to Rs 1.96 trillion in October 2025, registering a 4.6% year-on-year increase, after the new tax structure came into effect.
After a 'sin tax' on tobacco-related items during the GST rationalisation exercise, Finance Minister Nirmala Sitharaman on Monday introduced 'Healthy Security se National Security Cess Bill, 2025', in the Lok Sabha. The Bill proposed a rigorous new tax regime on pan masala and gutkha manu
"Aatmanirbhar Bharat is the biggest initiative, which has given impetus to our economy, promoting Make in India and for people from all over the world to do manufacturing in India (ease of business). This is also resolving the issue of unemployment. No income tax payable for income up to
Samajwadi Party (SP) president Akhilesh Yadav on Sunday criticized the Centre's recent Goods and Services Tax (GST) reforms, terming them inadequate to address inflation and accusing the government of enabling select groups to profit under the guise of the tax regime.
"With this big bang reform, there will be a boost to demand. Especially from a common man's perspective, I think, it will provide a lot of relief by bringing down the cost of many everyday items, as well as some of the aspirational items. Overall, I think that is a very significant developme
New Delhi [India], April 25: Second citizenship is increasingly becoming a popular option for investors seeking additional freedom, security, and opportunities. Antigua and Barbuda offers an attractive path to second citizenship through its citizenship by investment program. This Caribbean n
Gurgaon (Haryana) [India], February 27: The Union Budget 2025-26 has made bold moves in reshaping India's insurance sector and income tax regime, ensuring broader financial inclusion, economic growth, and relief for individuals and businesses alike. With an ambitious push towards 'Insurance
The current tax structure, with a basic exemption limit of Rs3,00,000 under the new tax regime, has drawn criticism for being outdated in the face of escalating living costs.