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Payments by Indian firms for foreign software not taxable: SC

 The apex court has settled the long-pending dispute between companies such as Samsung, IBM, HP & others and the tax department. Illustration: Dominic Xavier/Rediff.com The Supreme Court has ruled......

Software royalty likely to cost Centre Rs 5,000 crore every year

 Sources said about hundreds of companies, including Facebook and Amazon, could seek tax refund because they import software for sale in India. Illustration: Dominic Xavier/Rediff.com The Centre is......

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 The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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