Last Updated: Wednesday, May 15, 2013, 19:25
Indirect tax collection in April, the first month of the 2013-14 fiscal, grew by a meagre 3.3 percent to Rs 33,684 crore with excise duty collection declining 14.7 percent year-on-year.
Last Updated: Thursday, May 2, 2013, 16:08
In a strong message to tax evaders, the government on Thursday said that it will step up efforts to bring more people into net and also endeavour to recover tax arrears.
Last Updated: Monday, April 22, 2013, 20:18
A Parliamentary panel Monday asked the government to make strenuous efforts for widening tax base which has not grown in tandem with increase in growth in income and wealth over the years.
Last Updated: Wednesday, April 17, 2013, 23:33
Revenue Secretary Sumit Bose and SEBI Chairman U K Sinha in a meeting with FIIs Wednesday sought to allay foreign investors' fears related to controversial tax residency certificate (TRC) and other concerns.
Last Updated: Monday, April 15, 2013, 19:28
India and Malta have renegotiated the Double Taxation Avoidance Agreement (DTAA) to align with global norms and changes in domestic laws.
Last Updated: Thursday, March 28, 2013, 21:28
Amid government efforts to track black money stashed abroad, India Wednesday signed a Tax Information Exchange Agreement with Liechtenstein.
Last Updated: Sunday, March 10, 2013, 09:07
The Income Tax department has decided to crack the whip on big companies and organisations that do not remit TDS money even after deducting it from their workers' salaries.
Last Updated: Tuesday, March 5, 2013, 18:07
The Revenue department on Tuesday said that stringent provisions to arrest service tax defaulters are being introduced to check evasion in view of blatant misuse of certain provisions.
Last Updated: Saturday, March 2, 2013, 21:03
"We have issued notices to 35,000 people saying that on the basis of information we have, you should have filed your return. Another 35,000 notices are going next week," he said in a TV interview.
Last Updated: Sunday, February 24, 2013, 13:21
The government should focus more on high growth as the higher levy on super rich could affect the investors' sentiment, a survey has said.
Last Updated: Thursday, February 21, 2013, 13:16
The Sensex tumbled 317.39 points, or 1.62 percent, to 19,325.36, recording its biggest single day loss since May last year.
Last Updated: Tuesday, February 19, 2013, 21:22
Expressing commitment to combat tax evasion, India and UK Tuesday said the Double Taxation Avoidance Convention (DTAC) will improve transparency in tax- related matters and promote mutual economic cooperation.
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