Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Republican attorneys general and right-wing legal groups are considering legal …
The Delhi Bench of ITAT has ruled that the credit received by the assessee under the "Served From India Scheme" is not in the nature of income and that it does not constitute taxable income under Section 2 of the Income Tax Act, 1961. The ITAT observed that the eligible purchases made by the assessee under the SFIS were not …
The pandemic and the subsequent Work From Home policy has led to some employers offering allowances and reimbursement to employees. Harsh Bhuta, Partner, Bhuta Shah and Co LLP The finance minister should consider the reintroduction of single tax slab structure and increase the minimum taxable income threshold from Rs 5 lakhs to 7.5 lakhs. Australia has come out with following …