Tag: relief
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US Senate proposal slashes remittance tax to 1%, offers relief to NRIs
The latest US Senate draft of the One Big Beautiful Bill Act, released on June 27, has reduced the proposed remittance transfer tax to...
RBI’s rate cut may not bring immediate EMI relief for all borrowers
The actual transmission, whether faster,...
Income Tax: Can I claim relief under Section 89(1) without a break-up of salary arrears?
Q. My company has been going through some financial problems and have been paying me a salary irregularly (less than net every month) since...
Chennai ITAT ruling a relief for UAE firms: Design review fees not taxable in India without FTS clause or PE
In what could have wide-reaching implications for cross-border service providers, the Chennai bench of the Income Tax Appellate Tribunal (ITAT) has held that a...
China’s consumption unexpectedly improved in relief from tariffs
China's domestic consumption surprisingly jumped as the economy rode out the tariff rollercoaster in May, offering a confidence boost to Beijing as it stares...
