Panel set up on international taxation
May 3rd, 2012 - 6:54 pm ICT by IANS
New Delhi, May 3 (IANS) A 13-member panel was set up Thursday to advise on international taxation and transfer pricing in the backdrop of the controversial proposed retrospective amendments ... Read more...
Posted in Business |
Vodafone was told about tax liability in Hutchison deal
May 2nd, 2012 - 6:52 pm ICT by IANS
New Delhi, May 2 (IANS) The Indian government Wednesday said Vodafone Plc was duly informed about its tax liability in the $11.2 billion acquisition of Hutchison's stake in Hutchison-Essar ... Read more...
Posted in Business |
Tax law change may yield Rs.40,000 crore: Government
April 24th, 2012 - 7:42 pm ICT by IANS
New Delhi, April 24 (IANS) The proposed retrospective changes in the income tax law that seeks to bring overseas transactions involving Indian assets into the tax net is likely ... Read more...
Posted in Business |
Proposed tax law change ‘clarificatory’, says Pranab
April 20th, 2012 - 7:40 pm ICT by IANS
Washington, April 20 (IANS) Amid growing criticism from various quarters over the proposed retrospective changes in the tax law, Finance Minister Pranab Mukherjee has said that changes in the ... Read more...
Posted in Business |
Tax law change ’scaring’ overseas investors: Karan Bilimoria (Interview)
April 15th, 2012 - 4:46 pm ICT by IANS
New Delhi, April 15 (IANS) The Indian government's move to amend a law retrospectively to tax global merger and acquisition transactions involving Indian assets is "scaring" foreign investors and ... Read more...
Posted in Business |
Vodanfone issue: HSBC seeks ‘tax clarity’ from government
April 12th, 2012 - 7:52 pm ICT by IANS
Kolkata, April 12 (IANS) HSBC, Europe's biggest bank, Thursday sought "tax clarity" from the government in the backdrop of Finance Minister Pranab Mukherjee's statement there was "no other way" ... Read more...
Posted in Business |
Tax law amendments not aimed at opening old cases: Mukherjee
March 25th, 2012 - 6:33 pm ICT by IANS
New Delhi, March 25 (IANS) Finance Minister Pranab Mukherjee Sunday clarified that the proposed amendments in tax regulations were not aimed at opening old cases with any vindictive intent, ... Read more...
Posted in Business |
Committed to the reforms process: Pranab
March 17th, 2012 - 4:24 pm ICT by IANS
New Delhi, March 17 (IANS) A day after presenting the federal budget for next fiscal, which mostly got negative reviews from analysts and commoners, Finance Minister Pranab Mukherjee said ... Read more...
Posted in Business |
Government to amend law to tax Vodafone-type deals
March 16th, 2012 - 10:07 pm ICT by IANS
New Delhi, March 16 (IANS) The Indian government Friday proposed to amend the Income Tax Act to tax all overseas transactions involving domestic assets.The proposed change would be retroactive ... Read more...
Posted in World |
Rajasthan Royals under scanner over source of funds
April 28th, 2010 - 9:27 pm ICT by IANS
New Delhi, April 28 (IANS) A probe into sources of overseas funds of Jaipur IPL Cricket, owners of Rajasthan Royals team of the Indian Premier League (IPL), has been initiated ... Read more...
Posted in Business |
Government orders parallel probes into IPL affairs (Lead)
April 19th, 2010 - 4:42 pm ICT by IANS
New Delhi, April 19 (IANS) The government has ordered parallel probes by virtually all its economic intelligence units to determine the source and use of funds by franchises of the Indian ... Read more...
Posted in Business |