Govt should put off GAAR until 2015: Assocham

Last Updated: Monday, July 2, 2012, 18:13

The government should put off implementation of General Anti-Avoidance Rules (GAAR) until 2015 as these have created a bad perception about Indian tax laws among global investors, Assocham said Monday.

Govt should put off GAAR until 2015: Assocham

Last Updated: Monday, July 2, 2012, 18:13

The government should put off implementation of General Anti-Avoidance Rules (GAAR) until 2015 as these have created a bad perception about Indian tax laws among global investors, Assocham said Monday.

Steps in offing to revive investor confidence: Montek

Last Updated: Thursday, June 28, 2012, 21:58

Amidst a flurry of activities in the PMO and the Finance Ministry to clear air on contentious tax laws, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Thursday indicated that the investors will "soon see action" at the policy front for reviving their confidence.

US raises concerns over changes in I-T Act with retro effect

Last Updated: Tuesday, May 22, 2012, 18:43

The US has raised concerns over the amendment to income tax laws with retrospective effect, saying the move may impact FDI flows into India, CII President Adi Godrej said on Tuesday.

Pranab allays US fears, says India good for investment

Last Updated: Saturday, April 21, 2012, 10:20

Allaying a "misapprehension" about some retroactive changes in Indian tax laws, Finance Minister Pranab Mukherjee has assured corporate America that India was a good investment destination with a clear and stable tax regime.

Pranab Mukherjee reassures US on tax moves

Last Updated: Friday, April 20, 2012, 16:13

Seeking to tamp down a growing controversy over India's investment climate, Finance Minister Pranab Mukherjee assured US Treasury Secretary Timothy Geithner that recent Indian tax proposals that have rattled foreign investors are "not substantive but clarificatory," according to an Indian government statement on Friday.

World Bank chief bats for Pranab on changes in tax laws

Last Updated: Friday, March 30, 2012, 22:03

Batting for Finance Minister Pranab Mukherjee's proposal to tax Vodafone type deals, the World Bank president Robert Zoellick on Friday said that India wants the company should pay tax at some place and investors must give some time to the government to explain the details.

Phobia around retrospective tax law amendment: Gujral

Last Updated: Friday, March 30, 2012, 18:57

Rejecting criticism of the government's move to retrospectively amend Income Tax laws, Finance Secretary R S Gujral on Friday said an atmosphere of "phobia" was being created around the proposal that could bring M&A deals like Vodafone under its gamut.

Vodafone says govt moves to make it pay Rs 11k tax unjust

Last Updated: Friday, March 30, 2012, 13:38

Terming the move to tax cross- border deals with retrospective effect as "grossly unjust", UK-based telecom giant Vodafone on Friday said it is considering various courses of action to safeguard its position in India.

No vindictive intent behind amending tax laws: Pranab

Last Updated: Sunday, March 25, 2012, 14:18

The government Sunday said it has no vindictive intention in retrospectively amending tax laws and has no plans to re-open a large number of old cases, while assuring India Inc that the I-T Department will not act like a "policeman".

Montek calls for harmonisation of tax laws across countries

Last Updated: Friday, February 10, 2012, 14:53

Calling for harmonisation of tax laws across national boundaries, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Friday said India should also take steps to bring rules in line with best global practices to make climate more conducive for foreign investment.