Browsing Tag

Taxation

100-Word Edit: Simplified Tax Regime? Not Impressive!

The News Insight Feb 1, 2020

While Nirmala Sitharaman claims to have introduced a simplified tax regime, things have turned complex with two tax regimes - old and new. The reduction in tax rates, would be applicable only if you forego exemptions and deductions. If…

Cabinet nod for exchange of tax information with Maldives

The News Insight Dec 30, 2015

The union cabinet on Wednesday approved signing of an agreement for exchange of information related to taxes between India and the Maldives. "The agreement will stimulate effective exchange of information between the two countries which…