A. Study Report
Controversies in Taxation of Royalty & Fees for Technical services-A Study
Direct Taxes Committee of the Institute of Chartered Accountants of India has published a Study on Controversies in Taxation of Royalty & Fees for Technical services. Its First edition is January, 2025.
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B. Tax in Media
‘Stop asking for tax cuts, govt needs funds’: Nitin Gadkari to India Inc
Union Minister for Road Transport and Highways, Nitin Gadkari, on Monday urged industries to stop persistently demanding tax cuts, emphasising that the government requires funds to implement welfare schemes for the underprivileged.
GST evasion of Rs 1.95 trn detected by CGST officers during April-January
Central GST officers have detected tax evasion of Rs 1.95 trillion in 25,397 cases in the April-January period of the current fiscal, Parliament was informed on Monday.
Paying Rent To Parents? Here’s How To Claim HRA Exemption And Save Tax
Taxpayers are always keen on minimizing their tax liabilities. The Income Tax Act 1961 offers various tax benefits, including House Rent Allowance (HRA), which can significantly reduce your tax burden.
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