Air India is said to have reduced the fuel surcharge on long haul flights including to the US. The airline is said to be charging $ 200 instead of $ …
Tax
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India Tightens Grip on Foreign-Funded NGOs with Sweeping FCRA Overhaul
by R. Suryamurthy 6 minutes readIndia’s non-profit sector is preparing for a fundamental shift in the way foreign-funded organizations operate after the Centre’s sweeping amendments to the Foreign Contribution (Regulation) Rules (FCRA), with legal experts …
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Tax Reform Beyond Rates: India Fixes Unequal MAT Treatment
by Rajat Mohanby Rajat Mohan 3 minutes readA good tax system should be uniform for all similar businesses. India has made a step in that direction by fixing a huge gap in the Minimum Alternate Tax (MAT) …