Sensex plunges 243 points to 13-month low as China concerns outweigh MAT relief

Last Updated: Wednesday, September 2, 2015, 17:43

The 50-share Nifty after recapturing the 7,800-mark in early trade to touch a high of 7,862.55, succumbed to selling pressure and cracked the 7,700-level to a low of 7,699.25 before settling at 68.85 points or 0.88 per cent lower at 7,717.00.

Govt accepts Shah panel report, says no retrospective tax on FIIs

Last Updated: Tuesday, September 1, 2015, 22:56

The government has decided to amend the Income Tax Act to clarify the issue with regard to levy of MAT on FIIs and in the meantime CBDT field officers will be asked not to pursue cases against FIIs.

No retrospective tax on FIIs; govt accepts Shah panel report

Last Updated: Tuesday, September 1, 2015, 20:21

In a big relief to FIIs, the government on Tuesday accepted recommendation of a high level panel that minimum alternate tax (MAT) should not be imposed on overseas portfolio investors retrospectively.

Govt accepts Shah Panel report, no retrospective tax on FIIs

Last Updated: Tuesday, September 1, 2015, 20:03

The government has accepted the Justice A P Shah panel report which recommends non-applicability of Minimum Alternate Tax (MAT) on FIIs, Finance Minister Arun Jaitley said on Tuesday.

Shah panel on MAT may submit report next week: Jaitley

Last Updated: Thursday, July 16, 2015, 13:56

The high-level Justice A P Shah panel, set up to look into the levy of MAT on FIIs, is likely to submit its report to the Government next week, Finance Minister Arun Jaitley said on Thursday .

Shah panel holds meeting with Tax Dept

Last Updated: Tuesday, July 7, 2015, 17:54

The high-level Justice A P Shah panel, set up to look into the levy of MAT on FIIs today held consultations with officials of the tax department.

Shah panel begins stakeholder deliberation on FII MAT issue

Last Updated: Tuesday, June 30, 2015, 18:14

The high-level Justice A P Shah panel, set up to look into levy of MAT on FIIs, has begun consultations with stakeholders including an industry body which said it should not apply on such investors.

MAT on FIIs: Govt constitutes Shah panel, Ashok Lahiri named member

Last Updated: Wednesday, May 20, 2015, 23:34

The Finance Ministry also said other tax issues would be also referred to the three-member committee in due course. Renowned chartered accountant Girish Ahuja is the third member of the panel, whose term is one year.

Implement recommendation of Shah panel before Polls: Niranjan

Last Updated: Wednesday, December 25, 2013, 20:23

Senior Congress leader Niranjan Patnaik on Wednesday raised question on the transparency claim of the ruling BJD govenrment in Odisha.

Shah panel asks Odisha to map adjacent areas of leased mines

Last Updated: Monday, May 27, 2013, 22:57

The Shah Commission on Monday asked the Odisha government to cover adjacent areas of leased mines while undertaking physical verification of actual mining areas.

Clear stand on mining near sanctuary: Shah panel to Odisha

Last Updated: Monday, March 4, 2013, 17:34

Justice M B Shah Commission, probing illegal mining activities in Odisha, asked state govt and Union Ministry of Environment and Forest to clear their stands on issues relating to mineral exploration.

Shah panel's 1st phase Odisha mining probe report by December

Last Updated: Saturday, November 10, 2012, 20:46

Set to submit its first phase investigation report into the alleged illegal mining in Odisha by December, the Justice M B Shah Commission on Saturday said its investigation would remain open till the last moment as its six-member team wound up the document verification here.