Tax Credit

Nasscom meets GST Council on concerns over implementation

Nasscom contends that challenges for the IT sector arise because a single IT service contract may have multiple locations where an intangible service is delivered to and from -? be it domestic or exports.

Obama's 2015 budget seeks $60 bn tax credit expansion

President Barack Obama will strike a firmly populist tone in his 2015 budget plan on Tuesday, proposing to pay for an expansion of a popular tax credit for the working poor by eliminating tax breaks claimed by wealthy Americans.