Govt promises total confidentiality on black money declarations

Last Updated: Thursday, September 3, 2015, 20:04

The Finance Ministry issued 32 Frequently Asked Questions (FAQs) on the compliance window on July 6, and came out with the second set today.

India, Germany agree to enhance tax info sharing, revise DTAA

Last Updated: Friday, August 28, 2015, 15:57

India and Germany have agreed to enhance exchange of tax-related information and revise the bilateral tax pact, the final version of which would be ready by September 2015, Finance Ministry said Friday.

DTAA with Mauritius will be revised soon: Revenue Secretary

Last Updated: Friday, July 10, 2015, 00:00

The negotiations on the double taxation avoidance agreement (DTAA) between India and Mauritius are in advanced stage and the pact would be revised soon, Finance Ministry said Thursday.

India, South Korea sign revised DTAA; to begin talks next year

Last Updated: Monday, May 18, 2015, 18:25

India and South Korea Monday signed a revised double taxation avoidance pact and agreed to begin talks from mid next year to widen the scope of free trade pact to boost bilateral economic cooperation.

CBDT to settle foreign funds' claims within a month

Last Updated: Monday, April 27, 2015, 19:06

The Income Tax department has directed its officers that cases of foreign institutional investors (FIIs) seeking tax exmption under the Double Taxation Avoidance Agreements (DTAAs) with other countries must be decided within a month of claim filing.

All MAT tax claims under DTAA to be settled in a month

Last Updated: Monday, April 27, 2015, 14:39

Central Board of Direct Taxes will settle all minimum alternate tax (MAT) matters of FIIs coming under the ambit of Double Taxation Avoidance Agreements within a month of filing of claims.

'FII tax liability to be much lower post DTAA benefits'

Last Updated: Sunday, April 26, 2015, 14:06

"The number of FIIs and the amount involved would come down substantially as many of them would be eligible for treaty benefits," a Finance Ministry source told PTI.

Govt considering clarificatory amendments to MAT rules: Sinha

Last Updated: Thursday, April 23, 2015, 13:46

The government is considering clarificatory amendments to the rules relating to Minimum Alternate Tax (MAT) for the benefit of foreign investors who have been battling tax demands worth Rs 40,000 crore.

Govt meets FIIs on tax issues, offers DTAA relief to MAT-hit investors

Last Updated: Wednesday, April 22, 2015, 17:42

In a relief to foreign investors slapped with Rs 40,000 crore tax demands, the government Wednesday said such levies would not be applicable to the entities based in countries having double taxation avoidance pacts with India, while others can approach the courts for reprieve.

Mauritius promises India full-cooperation on tax treaty issues

Last Updated: Tuesday, March 24, 2015, 19:03

Mauritius has promised full cooperation with India to address outstanding issues relating to their bilateral tax treaty, days after Prime Minister Narendra Modi's visit to the island nation.

23 FDI proposals deferred for possible tax treaty abuse

Last Updated: Sunday, February 1, 2015, 13:22

The Foreign Investment Promotion Board (FIPB), they said, is keen that guidelines should be prepared to deal with such investment proposals.

India studying information given by Cyprus

Last Updated: Thursday, December 25, 2014, 19:21

India will look at removing Cyprus from the blacklist of countries that do not share details about tax evaders after examining information given by the island nation.