Page 18 of Tax News

Taxability of LPG subsidy and other direct benefits paid directly into bank accounts of beneficiaries…

India’s tax department will rule within a month on alternative tax claims made against foreign investment funds that are covered…

The government is considering clarificatory amendments to the rules relating to Minimum Alternate Tax (MAT) for the benefit of foreign…

Ruling out the use of retrospective taxation by the present administration, Finance Minister Arun Jaitley has said a permanent law…

Government employees looking to increase the equity exposure of their National Pension System (NPS) corpus to above the current cap…

Arun Jaitley said the government will press ahead with Rs 40,000 crore tax demand on foreign institutional investors as FIIs…
A recent Delhi HC ruling marks a departure from the settled position that if any amount is wrongly detained by…

Union Minister Mukhtar Abbas Naqvi today called for the states to rethink entertainment tax citing that taxing the happiness that…
While the introduction of Companies Act, 2013, was a welcome move, ambiguity and uncertainty over a few provisions…

US and European investor groups have called for the Indian government to urgently clarify its tax regime for foreigners…

The finance ministry has drafted a fresh bilateral investment protection treaty that would keep taxation measures and issuance…
In a verdict that enhances the room for Niko Resources, which partners BP and RIL in the KG-D6 block…
In 2009, I had spent R7.5 lakh on renovating my house. Due to some reasons, I need to sell it…
Demand simpler verification of trade invoices, forex remittances
Delhi High Court holds that AMP transactions are international in nature and hence subject to transfer pricing. However, for purpose…

Asserting that India is sending the right messages on its non-adversarial tax policy, a senior government official…