06-November-2026
Economy News
 
Tax reporting lapses could risk India's sovereign rating, trigger withholding tax penalties: Income Tax Principal DG Debjyoti Das
06-Nov-2026

India's financial institutions could face severe withholding tax penalties, while persistent lapses in international tax reporting could pose risks to the country's sovereign credit rating, a senior Income Tax Department official warned on Thursday.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/tax-reporting-lapses-could-risk-indias-sovereign-rating-trigger-withholding-tax-penalties-income-tax-principal-dg-debjyoti-das/articleshow/135578399.cms
 
 
 

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