Corporate Tax Reform: Understanding Recent Changes and Their Implications for Businesses

In the ever-evolving landscape of finance and economics, tax policies play a pivotal role in shaping the business environment. Recently, there have been significant developments in corporate tax reform that can have far-reaching implications for businesses of all sizes. In this blog, we will delve into the key aspects of these recent changes and explore how they can impact your company’s financial strategies and operations. Global Minimum Taxation One of the most prominent changes in corporate tax reform is the global minimum tax proposal. The aim is to establish a minimum tax rate that multinational corporations must pay, regardless of […]

Taxation Policy for NRIs

NRIs have to pay tax in India on capital gains from shares, mutual funds, term deposits, and property rentals even if their income earned abroad is not taxable. Taxation is a crucial element of the Indian economy. Services and products availed by Indian citizens are taxed in various ways. Consumption taxes are meant to make products and services more attractive to consumers. Tax deducted at source, income tax, service tax, and property tax are some of the common forms of taxation that most Indians are familiar with. Taxation in India affects people who are not residents of India, but are […]