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Corporate Tax

Direct Tax Collections Rise 8% to ₹17.04 Lakh Crore, Boosted by Strong Corporate Advance Tax

India’s direct tax collections have shown strong growth this financial year, with net collections rising 8% to ₹17.04 lakh crore as of 17 December...

What Would Happen If India Goes Tax Free?

Evolution of India’s Tax Rates Since Independence

Move Here to Pay No Income Tax: Top Tax-Free Countries in 2025

UAE Clarifies Corporate Tax on Exempted-REITs: Investors to Be Taxed on 80% of Property Income from...

Relief to Harry Potter Publisher: ITAT Remits Transfer Pricing and Corporate Tax matter to verify Confirmations and Explanations [Read Order]

The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) recently remitted a matter regarding discrepancies in transfer pricing and corporate tax of UK-origin publishing giant Bloomsbury...

State Budgets v/s Union Budget: Key Differences

With India set to receive the Union Budget 2025-26 on February 1, 2025, the finance verse is abuzz with the probable inclusions and changes to existing policies that may be effectuated by the Budget....

State Budgets - Union Budget - difference between state and union budget - Union Budget 2025 - Nirmala Sitharaman - taxscan

Kuwait Cabinet affirms Bill for Imposing 15% Corporate Tax on Multinational Entities

The Cabinet of Kuwait recently passed a bill calling for the imposition of 15% Corporate Tax on business entities in Kuwait that operate simultaneously in multiple global jurisdictions. The...

Kuwait Cabinet affirms Bill - Kuwait Cabinet - affirms Bill - Corporate Tax - Corporate Tax on Multinational Entities - taxscan

15% Minimum Corporate Tax on Multinationals: UAE's New Move Starting January

The United Arab Emirates ( UAE ) will implement a 15% Domestic Minimum Top-up Tax ( DMTT ) on large multinational corporations operating within its borders, starting January. This move, announced by...

Corporate Tax on Multinationals - Corporate Tax - UAE - Domestic Minimum Top-up Tax - DMTT - TAXSCAN

Corporate Tax in the UAE

Key aspects of UAE Federal Corporate Tax The introduction of federal corporate tax in the UAE is part of its strategy to align with international tax standards. This tax applies to business...

Corporate Tax in UAE - Corporate Tax - UAE corporate tax rates - Corporate tax exemptions UAE - Taxscan

MBA, ACCA, Vacancy in Coca-Cola

The Coca-Cola invited applications for the post Manager, Statutory Controller. Qualification 5+ years of experience in Finance including preparing financial statements, working in external...

UAE Corporate Tax Clause 2.6 Explained: Importance of choosing the Right Fiscal Year

One crucial set of rules to consider is the International Financial Reporting Standards ( IFRS ). UAE regulatory authorities have mandated adherence to IFRS rules unless specified otherwise in tax...