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Income tax dept conducts survey at Hinduja group firm

The income tax department on Wednesday conducted a survey operation at Hinduja Global Solutions, an entity of the Hinduja Group, in Mumbai and some other cities, official sources said. IMAGE: The......

A race to save the Parsis

From dating apps to events, the shrinking community is innovating ways to encourage the young to marry within the faith, reports Ranjita Ganesan. IMAGE: The Zoroastrian population has seen a......

Make demergers tax-neutral, biz houses nudge govt

Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies......

Jane Street Now Under CBDT Scanner

The CBDT is investigating Jane Street for possibly misusing the India-Singapore tax treaty. Illustration: Dominic Xavier/Rediff The Central Board of Direct Taxes (CBDT) is building a case based on......

Some tax treaties could be overridden by GAAR

GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore. The finance ministry sent positive signals to foreign portfolio investors on Friday by......

PM approves team to finalise GAAR guidelines

The Prime Minister has approved the constitution of an Expert Committee on GAAR to undertake stakeholder consultations and finalise the guidelines for GAAR.This committee would manage the......

GAAR: Here's what you need to know

The finance ministry has provided some helpful clarifications on the General Anti-Avoidance Rules (GAAR). Recently introduced as an anti-tax avoidance measure, GAAR seeks to examine the commercial......

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