Tax Reform
Latest news, explainers and analysis on Tax Reform. Tracking 3 stories on Arth Vani.
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Latest on Tax Reform
India Plans Tax Overhaul to Attract Global Funds, Boost Manufacturing
India's government is proposing a new bill aimed at attracting more foreign investment and boosting domestic manufacturing. This tax overhaul seeks to simplify rules for offshore funds and global fund managers, while extending tax benefits to key sectors like electronics manufacturing and diamond trading, along with digital infrastructure. The move is designed to enhance India's global economic competitiveness and investment appeal.
CBIC Considers Centralised GST Registration for Businesses Across India
The Central Board of Indirect Taxes and Customs (CBIC) is exploring a proposal to allow businesses operating in multiple states to register under a single central Goods and Services Tax (GST) authority. This move aims to simplify compliance by eliminating the need to interact with various state-level GST departments.
India Eyes Global Bond Inclusion: Move Could Lower Interest Rates and Boost Rupee
India is renewing its push to join major global bond indices after introducing tax breaks for foreign investors. Successful inclusion is expected to trigger massive foreign capital inflows, which could help stabilize the Rupee and reduce borrowing costs for the government and retail consumers.
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