Finance Minister Nirmala Sitharaman on Sunday proposed to exempt Minimum Alternate Tax (MAT) for non-residents who pay tax on presumptive basis.
'Among corporates, about 60% of income is now reported under the new tax regime.'
The 2026-27 Budget, seeking to harmonise the government's imperative to grant certainty while ensuring a rational tax policy, had several notable announcements to usher in halcyon days, says Mukesh Butani.
The FM also said the government has proposed a joint panel of Corporate Affairs Ministry and CBDT for incorporation of income computation and disclosure standards.
This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.
The relationship high point was reached on Amitabh Bachchan's 60th birthday party, when Jaya Bachchan called on stage 'my to-be daughter-in-law Karisma Kapoor'.
Bodo/Glimt secured an upset 3-1 victory over Serie A leaders Inter Milan in the first leg of their Champions League playoff on Wednesday.
Factbox on Carlos Alcaraz, who beat Serbian fourth seed Novak Djokovic to win his first Australian Open title on Sunday, increasing his overall Grand Slam tally to seven.
Manish Ojha, coach of Vaibhav Sooryavanshi, shares insights into the young cricketer's training and mindset after his record-breaking century in the U-19 World Cup.
Yoga expert Pushpa R recommends three simple, but powerful asanas that can arrest hair fall and support hair growth.
Skipper Suryakumar Yadav dazzled with a vital half-century as defending champions India registered a scratchy 29-run win against the United States of America despite a stunning top-order collapse.
It isn't easy for a girl from Gopal Nagar to chase a dream. But Pinky was extremely determined. A force unto herself, she was going to go places. Literally. Till it abruptly ended one morning on the tarmac at Baramati airport.
Yoga expert Pushpa R of Radiant Yoga Vibes suggests three asanas that work directly on the core, digestion, posture, and metabolism.
Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.
The medal count was nowhere close to satisfactory at the senior level but junior performances held out hope for a brighter future as Indian wrestling searched for new stars in a challenging 2025.
Reigning 48kg world champion Meenakshi Hooda, scheduled to fight in the opening bout in the women's section, was seen curled up on a yoga mat inside the hall late afternoon, conserving energy while waiting for word on when she would fight.
Vinesh Phogat announced her return to wrestling after an 18-month hiatus to chase her Olympic dream.
Yoga expert and rediffGURU Pushpa R recommends three simple yoga postures to strengthen your back, correct your posture and calm your nervous system.
'As more patients are prescribed these drugs, intolerance due to gastrointestinal and other side effects will become more visible, leading to higher discontinuation rates.'
They weren't up for a windfall even after the trophy but life was certain to get a lot better as some sponsors and state governments stepped up to lift them financially.
Take a look at our leaders taking to the yoga mats on this special day.
IMAGES from the 3rd T20I between India and South Africa in Dharamsala on Sunday.
In half a century, actors have aged or passed away, the shape of the city has altered, the film industry has changed beyond recognition, most single screens have made way for multiplexes, audiences tastes have changed, rural life is very different now, and inflation has devalued the rupee. But a great film is forever. Deepa Gahlot salutes Sholay, as it re-releases in theatres.
Within the first three minutes, Bengaluru Bulls inflicted an ALL OUT, taking a massive nine-point lead -- the fastest ALL OUT of the season for the Bulls and second fastest of the season.
Telugu Titans set up Qualifier 2 clash with Puneri Paltan after win over Pirates
Puneri Paltan booked their place in the final of the Pro Kabaddi League 12 after magnificent comeback 50-45 victory over Telugu Titans at the Thyagaraj Indoor Stadium, in New Delhi, on Wednesday.
The song that best encapsulates Geeta Dutt's unfairly abbreviated life would probably be: Yaad Karoge, Yaad Karoge, Ek Din Humko Yaad Karoge. On her 95th birth anniversary on November 23, Dinesh Raheja pieces together the life of this talented singer.
With the Union Budget three months away, major industry chambers have submitted to the government proposals on common taxes, seeking simpler compliance and a quicker resolution of tax disputes.
Ahmedabad-headquartered Zydus Lifesciences posted a 17 per cent year-on-year (Y-o-Y) rise in revenue from operations to Rs 6,123 crore, while the net profit increased by 38 per cent to Rs 1,258.6 crore aided by consistent performance in the US and India formulations businesses.
Harmanpreet Kaur's side would become the fourth team to book the semifinal berth if they get the better of the White Ferns here on the familiar mat of the DY Patil Stadium.
Jaipur Pink Panthers secured a close and impressive 30-27 win over defending champions Haryana Steelers in Play-in 1 of the Pro Kabaddi League at the Thyagaraj Indoor Stadium in New Delhi on Saturday.
The Indian Institute of Forest Management is inviting applications from aspiring management graduates to apply for its various two-year full-time residential MBA programmes.
Glimpses from around the world that will make you smile and cry.
As a storm brews online over a child's conduct on Kaun Banega Crorepati, Team India cricketer Varun Chakaravarthy has urged restraint and empathy.
Dabang Delhi KC completed a double over Gujarat Giants with a hard-fought 39-33 victory in the Pro Kabaddi League, in Chennai, on Friday.
Telugu Titans held their composure in the final quarter to overcome the Gujarat Giants 30-25 in the Pro Kabaddi League, in Delhi on Sunday.
Jharkhand''s Kumar Kushagra slams double-ton against Baroda in Ranji Trophy
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