BUSINESS
How India’s complicated capital gains tax regime can be simplified
The changes made to capital gains tax laws over the years have resulted in a maze of complex provisions that have made the rationale incomprehensible in some cases
BUSINESS
What G7’s global minimum tax holds for India
A global minimum corporate tax rate of 15 percent is expected to be beneficial for India. The Tax Justice Network estimates the country to gain at least $4 billion, equivalent to ~6 percent of FY21 corporate tax collections
