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Market ignores GAAR deferment; NSE ends flat amid volatility

Last Updated: Monday, September 3, 2012, 21:15

The 50-share Nifty swung widely between a high of 5,295.80 and a low of 5,243.15 before settling at 5,253.75, a loss of 4.75 points, or 0.09 percent, over the last close.

Sensex trims early gains; still up 35 pts

Last Updated: Monday, September 3, 2012, 09:50

The BSE Sensex trimmed early gains Monday but was still up 35 points on buying in auto, power, IT and PSU stocks amid capital inflows and positive cues from other Asian equity markets.

Markets to rejoice panel's recommendation to defer GAAR: Experts

Last Updated: Sunday, September 2, 2012, 14:46

Stock markets are likely to react positively Monday as an expert committee on General Anti Avoidance Rules (GAAR) has recommended postponement of the controversial tax provision by three years.

Industry, experts say draft GAAR guidelines encouraging

Last Updated: Saturday, September 1, 2012, 20:48

Industry and experts Saturday said the draft guidelines on General Anti-Avoidance Rules (GAAR) are encouraging and progressive.

India needs to apply GAAR provisions intelligently: Shome

Last Updated: Saturday, September 1, 2012, 18:58

The provisions of General Anti Tax Avoidance Rules (GAAR) should be 'intelligently' applied, said the Chairman of Expert committee, Parthasarathi Shome, after submitting the draft report to Finance Ministry.

Expert panel for postponement of GAAR by 3 years

Last Updated: Saturday, September 1, 2012, 17:14

The expert committee on General Anti Avoidance Rules (GAAR) on Saturday recommended postponement of the controversial tax provision by three years and abolition of capital gains tax on transfer of securities.

Govt expands scope of GAAR panel to cover all non-residents

Last Updated: Saturday, September 1, 2012, 14:55

The government on Saturday expanded the scope of the expert committee on General Anti-Avoidance Rules (GAAR) to include all non-resident tax payers, even as the Committee submitted its draft report to the Ministry.

India's 'boring' banking system remains robust: Deepak Parekh

Last Updated: Monday, August 27, 2012, 22:05

Parekh said banks are taking unprecedented beating globally amid issues like subprime crisis, collapse of financial institutions, Eurozone debt crisis, rate rigging scandal and failures to prevent money laundering.

Need for policy predictability to allay investors’ fears: PMEAC

Last Updated: Friday, August 17, 2012, 16:27

Prime Minister's economic advisory panel Friday said government should pay special attention to allay investors' apprehensions on taxation front by bringing in policy predictability.

Govt should not implement GAAR in current environment: Assocham

Last Updated: Thursday, August 16, 2012, 22:28

The government should not implement the General Anti-Avoidance Rules (GAAR) in the current economic environment, as it would dent the investments globally and a post-benefit advantages analyses is need before implementation, industry body Assocham said Thursday.

Biggest challenge is to restore investor confidence: Montek

Last Updated: Tuesday, August 14, 2012, 16:27

The Planning Commission on Tuesday said the biggest challenge before India is to improve investment climate, and the initiative taken by the government in setting up a review panel on GAAR has sent the right signal.

GAAR panel to submit draft recommendations by Aug 31

Last Updated: Friday, August 10, 2012, 00:07

The committee set up by the government to examine all issues related to the controversial General Anti Avoidance Rules (GAAR) is expected to submit its draft recommendations by August 31 and its report by September 30, its chief Parthasarathi Shome said Thursday.