additional taxes

ITR filing 2025: Taxpayers can file updated returns for FY22, FY23 before March 31

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ITR filing 2025: Taxpayers can file updated returns for FY22, FY23 before March 31

ITR filing: Taxpayers have until March 31 to update their income tax returns for the last two financial years, allowing them to correct any mistakes or omissions. This opportunity, introduced by the Finance Ministry in the Finance Act 2022, is available to those who wish to rectify their returns within two years from the end of … Read more

OECD global tax deal: Large Indian companies rethink overseas investment plans

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OECD global tax deal: Large Indian companies rethink overseas investment plans

Several large Indian companies exploring outbound investments have put their plans on hold following a global tax deal over concerns of additional taxes and compliance challenges related to the new framework adopted by the world’s leading industrial bloc. Large companies, especially in the information technology (IT) and information technology-enabled services (ITeS) sectors, were looking to … Read more