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    1. Business News
    2. Authors
    3. gireesh chandra prasad

    Gireesh Chandra Prasad

    Companies seek easier rules for large taxpayer units, GST clarity

    Demand simpler verification of trade invoices, forex remittances

    By Gireesh Chandra Prasad
    March 30, 2015 00:43 IST
    income tax dispute nokia india
    Tax department to set up new division to widen base

    The income tax department will set up a separate division in 2016 to scale up its trawling of unreported high-value…

    By Gireesh Chandra Prasad
    March 25, 2015 00:54 IST
    tax, income tax, Income tax return, Aadhaar number, tax residency certificate, capital gain account schemes, Nation news, india news, tax payers
    New tax residence norms may not cover foreign firms’ global income

    Central Board of Direct Taxes will issue detailed guidelines to ensure that non-resident companies holding a board meeting or two…

    By Gireesh Chandra Prasad
    Updated: March 20, 2015 10:51 IST
    Cairn India-Vedanta
    After Vodafone, Cairn invokes treaty to dodge India’s tax demand

    After Vodafone, British oil major Cairn has now avoided India’s tax jurisdiction, invoking the India-UK bilateral investment protection treaty.

    By Gireesh Chandra Prasad
    Updated: March 12, 2015 12:49 IST
    Systemic changes being made to spread tax net: Shaktikanta Das

    Revenue secretary Shaktikanta Das speaks to Gireesh Chandra Prasad and KG Narendranath on the subdued revenue…

    By Gireesh Chandra Prasad
    March 11, 2015 01:05 IST
    India gets time till Sept 30 for deal on tax evasion with US

    The US has given India time till September 30 to put in place a framework to track down the assets…

    By Gireesh Chandra Prasad
    March 10, 2015 00:02 IST
    Monetary framework applies to us also: Jayant Sinha

    We are trying to introduce measures to make the tax administration more responsive. A lot of companies have asked us…

    By Gireesh Chandra Prasad
    Updated: March 9, 2015 01:21 IST
    Indian rupee VS Us dollar
    Black money: India gets time till Sept 30 for deal on tax evasion with US

    The US has given India time till September 30 to put in place a framework to track down the assets…

    By Gireesh Chandra Prasad
    Updated: March 7, 2015 12:49 IST
    tax, income tax, Income tax return, Aadhaar number, tax residency certificate, capital gain account schemes, Nation news, india news, tax payers
    ‘Minimum Alternate Tax may eventually become unnecessary’

    With the promised phased reduction of the corporate tax rate and weeding out of exemptions, the minimum alternate tax…

    By Gireesh Chandra Prasad
    March 6, 2015 01:31 IST
    bharti infratel
    Union Budget 2015: Service charge impact across the spectrum

    Not just mobile users, even telecom operators will have to shell out 14% tax on buying waves — a hit…

    By Gireesh Chandra Prasad
    Updated: March 2, 2015 05:23 IST
    Finmin to invite bids for private capital

    The govt will be a minority shareholder in the entity. The Cabinet will soon approve its final shape

    By Gireesh Chandra Prasad
    February 28, 2015 01:21 IST
    Tax, new tax computation law
    Tax demands on MNCs tamer in 2014-15 audit

    The income tax department has scaled down its estimate of income suppression by multinational corporations in India in the 2014-15…

    By Gireesh Chandra Prasad
    February 27, 2015 01:35 IST
    Rules soon for MNCs on foreign operations

    The government is set to make changes in the income tax rules to seek overseas operational details of multinational…

    By Gireesh Chandra Prasad
    February 24, 2015 01:32 IST
    Telecom spectrum set to fall in service tax net as mop-up growth slows

    An unexpected fall in service tax collection growth this fiscal coupled with the philosophy of broadening the tax…

    By Gireesh Chandra Prasad
    February 18, 2015 01:22 IST
    e commerce
    Flipkart, Snapdeal, others in line of fire as e-trade tax near top of states’ Budget wish list

    Online retailers like Flipkart, Snapdeal and Lenskart have come in states’ line of fire with some of them urging Union…

    By Gireesh Chandra Prasad
    Updated: February 12, 2015 09:53 IST
    Cairn Energy, cairn energy india, cairn energy plc, cairn energy tax dispute, cairn energy tax, cairn energy tax issue, Simon Thomson, Income tax, Cairn Income tax, Arun Jaitley
    India, US set to map out way to end transfer pricing cases in court

    More than 100 tax disputes involving Indian associates of US companies such as IBM and Microsoft…

    By Gireesh Chandra Prasad
    Updated: February 7, 2015 01:31 IST
    Cairn India-Vedanta
    Cairn Plc case drags on, FM Arun Jaitley offers no cure

    Cairn Energy CEO Simon Thomson met finance minister Arun Jaitley as well as revenue secretary Shaktikanta Das to find an…

    By Gireesh Chandra Prasad
    Updated: February 5, 2015 09:14 IST
    Vodafone, Vodafone tax case, Supreme Court
    Exemption in lieu of 80C tax benefits

    In a bold move to simplify tax laws, the finance ministry is considering a plan to replace the tax benefit…

    By Gireesh Chandra Prasad
    February 4, 2015 01:21 IST
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    Louvre hikes entry fee for most non-European visitors; Know who pays how much here

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    Stocks making the biggest moves midday: M&M, GAIL, Adani Enterprises, Studds Accessories and more

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    Telangana food safety department said that the surprise inspection covered warehouses associated with Zepto, Reliance JioMart, Blinkit, BigBasket, Zomato, Swiggy, Flipkart, Amazon, and various local units.

    ‘76 kg of expired articles, misleading labels’: Warehouses of Zepto, Blinkit, Swiggy and 5 others inspected in Telangana

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