Foreign companies have often struggled in India due to high tax demands related to duty evasion on imports or levies payable ...

India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

India has accused South Korea's Kia of evading taxes of $155 million by misclassifying component imports but the carmaker has ...

Kia has sold over a million cars in India since its launch in 2019 [] Indian tax authorities have sent a confidential notice ...

As per RBI norms, resident individuals can remit up to $250,000 per financial year for various permissible capital and ...

The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

Indian tax authorities issued a notice to Kia’s Indian unit, stating the company incorrectly declared imported parts for ...

Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...

Kia's India annual sales stood at $4.45 billion in fiscal 2022/23, its highest ever, but net profit was $243 million for the ...

NEW DELHI, Feb 5 (Reuters) - India has accused South Korea's Kia of evading taxes of $155 million by misclassifying component imports but the carmaker has denied wrongdoing, the latest fight by a ...

Income tax relief provided for in the Union Budget coupled with RBI repo rate cut put together will boost recovery in ...