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International Taxation
Canada Day Tax Cut Takes Effect: Millions of Middle-Class Families to Benefit
Prime Minister Mark Carney delivers on promise to lower income taxes, saving two-income households up to $840 annually.
International Taxation
US-India Trade Breakthrough Possible Ahead of Tariff Deadline: Trump Signals Optimism
With tariff hikes set to resume on July 9, Indian negotiators extend Washington stay as Trump hints at an imminent trade deal.
International Taxation
Singapore Govt. to Disburse Up to $700 in July 2025 as Part of Enhanced GST Voucher Scheme
Targeted cash payouts to support lower- and middle-income citizens amid rising cost of living
International Taxation
USA Presses India on ‘Red Line’ Agricultural Commodities in Trade Talks
As Washington seeks greater access for farm exports, New Delhi holds firm on protecting domestic agriculture
International Taxation
Trump Signs “One Big Beautiful Bill” into Law in Independence Day Ceremony
President Trump signs the “One Big Beautiful Bill,” extending 2017 tax cuts, reducing safety-net programs, and boosting defense and immigration spending. Critics say it favors the wealthy and raises the national debt.
International Taxation
Georgia Offers Up to $500 Tax Refund to Eligible Residents in 2025
Refunds Part of $1.2 Billion Payout from State Budget Surplus; Payments Issued Between June and August 2025
International Taxation
Canada Confirms Carbon Rebates for Small Businesses Will Be Tax-Free
Final carbon rebate payments to over 600,000 businesses will be tax-free, as Ottawa ends the federal fuel charge and streamlines carbon pricing for large emitters.
International Taxation
Trump’s New Bill Could Hurt Millions of Indian Families by Taxing US Remittances
A controversial provision in US President Donald Trump's sweeping “One Big Beautiful Bill” —...
International Taxation
Federal Appeals Court Revives Trump-Era Tariffs, Sets Stage for Landmark Showdown on Presidential Trade Powers [READ ORDER]
The United States Court of Appeals for the Federal Circuit has granted the federal...
International Taxation
Investing in Dubai Real Estate: A Guide for Indian Citizens
Why Indian Investors Are Looking to DubaiDubai has rapidly emerged as a top destination...
International Taxation
India-EFTA Free Trade Agreement to Take Effect in September, Says Piyush Goyal
The Free Trade Agreement (FTA) between India and the European Free Trade Association (EFTA)...
International Taxation
India’s proposed tariffs on 29 American goods are opposed by the US at the WTO
At the World Trade Organization (WTO), the United States has formally objected to India's...
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Notification
ICAI Examines Private Equity Funding for Consultancy and Accounting Businesses, Audit Practices to Remain Ring-Fenced
The Institute of Chartered Accountants of India (ICAI) is examining whether private equity investment...
Direct Tax
Foreign Salary Remitted to NRE Account Can’t Be Treated as Unexplained Investment Merely on SFT Data: CIT(A) Deletes ₹1.33 Crore Addition
The Commissioner of Income Tax (Appeals), Delhi, has deleted an addition of ₹1.33 crore...
Direct Tax
Export Commission Paid to Foreign Agents for Services Outside India Not Liable to TDS: ITAT
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that commission...
GST
DGGI | Pre-Charge Evidence Can’t Be Recorded Without Summoning Accused in GST Complaint: Punjab & Haryana High Court
The Punjab and Haryana High Court has set aside three orders passed by a...