Tag: tax benefits
Posted in Economy
Rs 2 lakh crore bonanza: GST’s one-year old tax gift showing up in cars, TVs and revenues
India’s GST cuts, which came into effect on September 22, 2025, appear to have done more than simply lower sticker prices. A year on, they…
Posted in Economy
India tightens Sri Lanka tax treaty with anti-abuse rule
New Delhi: India has tightened the tax treaty framework with Sri Lanka by introducing an anti-abuse rule that allows authorities to deny treaty benefits where…
Posted in Economy
I-T department tells charitable trusts to add ‘irrevocable’ clause or lose tax benefits
Public charitable Trusts are being told by the Income Tax (I-T) department that their trust deeds must state that they are ‘irrevocable’ and make no…