Inheritance is not taxed, but selling inherited gold can attract capital gains tax—knowing when and how is the key.
Bundling your home sale with fixtures and furniture can change your tax liabilities.
Employment status determines not just how you earn, but how you are taxed.
If you plan to lease out your second house on a full-time or regular basis, knowing how the income will be taxed allows you to strategize in advance and maximize post-tax returns.
Joint ownership can make property more affordable, but it comes with legal and financial considerations.
Miss these updates, and your refund could get delayed or even denied.
Non-residents are exempt from tax on off-market share buybacks by Indian companies, but may face capital gains tax on buybacks via the stock exchange.
There is merit in the argument that NGOs need to be reined in. However, these new rules lead to over-regulation of the non-profit sector and give arbitrary powers to the government
India had introduced "place of effective management" rules last year to tax companies where key management and commercial decisions are made in India as local entities.
According to the balance sheet of the National Spot Exchange Ltd (NSEL), 'business support charges' paid to FTIL more than doubled to Rs 33.8 crore in 2012-13 from Rs. 15.56 crore in 2011-12. NSEL pays business support charges to FTIL for using its trading platform.
India will not retroactively tax portfolio investments and will shift the burden of proving evasion on tax to authorities, two government sources said on Thursday, providing a measure of comfort to foreign investors worried about proposed new rules.
Macquarie's Asia hedge fund has exited its short positions in Indian single stock futures in response to a controversial set of proposed tax rules that could lower investment returns.
Chinese authorities found three companies linked to Google Inc broke tax rules and are investigating possible tax avoidance, a Chinese state-run newspaper said on Thursday, raising the risk of fresh pressure on the Internet search giant.