Last Updated: Friday, June 19, 2015, 22:07
Finance Minister Arun Jaitley on Friday said the government will soon come out with the compliance window under the black money law for persons having illegal money stashed abroad to pay tax and penalty and come clean.
Last Updated: Sunday, June 14, 2015, 18:21
With its subsidiary Cairn India facing Rs 20,495-crore tax notice, billionaire Anil Agarwal-led Vedanta Group Sunday said it is "frustrated" by the tax demand raised on it using retrospective legislation.
Last Updated: Wednesday, June 3, 2015, 18:17
Tax treaty benefits are prompting investors to route their investments from Mauritius into India, WTO has said.
Last Updated: Monday, May 25, 2015, 21:23
Cairn Energy of UK has named former Bulgarian minister and lawyer Stanimir A. Alexandrov as its arbitrator for resolution of the Rs 10,247-crore tax demand the Indian government had slapped on it using retrospective taxation.
Last Updated: Monday, May 25, 2015, 18:35
The Direct Tax collection target of Rs 7.98 lakh crore for the current financial year is likely to be met on account of improvement in economic growth, government said on Monday.
Last Updated: Wednesday, May 20, 2015, 15:46
The Supreme Court constituted Special Investigation Team (SIT) on black money has received a new dossier on tax related business information on about 15 entities which have allegedly stashed illicit money abroad.
Last Updated: Tuesday, May 12, 2015, 23:52
The Reserve Bank Tuesday made a case for more clarity on taxing the sunshine e-commerce sector, which has been seeing high valuations and frenetic activities, saying doing so will help bolster their finances.
Last Updated: Tuesday, May 12, 2015, 20:31
Led by over two-fold surge in excise duty collections, indirect tax revenue jumped 46.2 percent to Rs 47,747 crore in April this year compared to the same month last year.
Last Updated: Tuesday, May 12, 2015, 13:21
The Income Tax Department has taken note of some tax deductors not depositing TDS in the government account after deducting the same from specified payments.
Last Updated: Friday, May 8, 2015, 17:21
The two-day meeting of the state finance ministers, which concluded here on Friday, has decided to request the Centre to depute the Empowered Committee members to visit some countries which have adopted the GST.
Last Updated: Sunday, May 3, 2015, 11:55
India will have to open its market to all investors, eliminate exchange control, remove subsidies and create certainty on tax issues, two leading investments experts here said.
Last Updated: Friday, May 1, 2015, 15:17
Warning corporates not to take unfair advantage of the liberalised tax environment, Finance Minister Arun Jaitley on Friday said the world is moving towards a more transparent regime that would remove the veil of secrecy from unlawful transactions.
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