All tax arrears below Rs 5,000 will be written off, sparing almost two-thirds of the over 1.9 crore taxpayers who…
The Income Tax Department will retain the detailed questions on foreign assets and income of resident Indian citizens…
In a bold attempt to reduce frivolous tax demands, the Income Tax Department has decided to overhaul the annual…
The finance ministry is clear that the scheme is meant to monetise household gold stocks
To encourage repatriation of profits, India already has a concessional tax rate of 15% on the dividend an Indian parent…
Vodafone’s purchase of Hutch Essar from CGP Investments of Cayman Islands for $11 billion led to a principal capital gains…
Lower rate for those with Rs 10-50 lakh sales
KM Mani, finance minister of Kerala and chairman of the empowered committee of state finance ministers…
Sources also said cross utilisation of CGST or SGST credit will be allowed for payment of IGST.
Businesses that have intentionally defaulted on service tax payments in the last four years will get partial relief from the…
Real estate developers like DLF, Parsvnath and Omax have finally got a favourable tax regime on Real Estate Investment Trusts.
The finance ministry recently allowed rolling back of the APAs signed for four previous years too.
The government’s recent steps to check the flow of unaccounted wealth to foreign assets and bank accounts have had the…
The discord between the Centre and states over the contours of the Goods and Services Tax (GST) seems hard to…
They are in a spot as the two ways of recourse under the DTAAs — tax credits/refunds at host countries…
The government has proposed to limit the investment protection and other benefits accorded to foreign-owned companies under bilateral…
Many government panels and independent experts had in the past put the revenue-neutral rate (RNR) for an all-encompassing goods and…
The Satyam scam may have jolted both India Inc and the regulatory authorities by its sheer scale and brazenness but…
