Ever since the Competition Commission of India (CCI) started taking baby steps to regulate the jungle of competition abuses in the country, and some very successful cases, many started howling for

Finance Minister Pranab Mukherjee’s amendments to the Finance Bill 2012-13, have ensured companies operating their businesses through countries with which India has double taxation avoidance

The government’s announcement of deferring the General Anti-Avoidance Rules (GAAR) led to the industry heaving a sigh of relief. However, critical voices have said addressing concern was

My son works abroad. He sends me Rs 30,000 every month. Is this amount taxable for me? I am 60.
Gifts received from relatives, as defined in the Income Tax Act, are not