Arun Jaitley promises global investors 'fairest, predictable' tax regime

Last Updated: Monday, September 14, 2015, 17:16

Finance Minister Arun Jaitley Monday assured global investors of the "fairest and predictable taxation regime" as he invited them to invest in various sectors, including infrastructure, manufacturing and defence.

Fight against black money: SEBI bars 59 entities

Last Updated: Thursday, August 20, 2015, 21:33

In a fresh clampdown on entities misusing stock markets for evading taxes, regulator SEBI Thursday barred 59 entities, including HNIs, from securities markets and also referred the case to the Income Tax Department for further investigations.

SEBI busts fresh Rs 15.4 crore tax evasion case

Last Updated: Tuesday, August 11, 2015, 22:52

In a fresh crackdown on alleged tax evasion through stock markets, regulator SEBI Tuesday banned a high networth individual B P Jhunjhunwala for fraudulently inflating the share price of a dormant company with a "facade" of investment worth around Rs 15.4 crore.

Unhurried reforms making investment climate subdued: L&T

Last Updated: Friday, July 31, 2015, 20:45

With its first-quarter profits dipping by a sharp 37 percent, industrial giant Larsen and Toubro on Friday blamed "unhurried pace of reforms" and the global uncertainties for a subdued investment climate in the country.

Indirect tax collections pace up, grow 37.5% in April-June

Last Updated: Saturday, July 11, 2015, 10:58

IIP data showed that the growth in factory output in the first two months of the fiscal was 3 percent as against 4.6 percent in April-May of 2014-15.

I-T Dept eyes Rs 2.56 lakh crore tax mop up from Mumbai in FY16

Last Updated: Thursday, July 9, 2015, 19:04

The Income Tax department is looking at collecting tax worth Rs 2,56,000 crore from the Mumbai zone during this fiscal, which is 13 percent more than the amount mopped up last year.

India allows 7 entities to raise Rs 400 billion via tax-free bonds

Last Updated: Wednesday, July 8, 2015, 13:54

The ceiling coupon rate for AAA-rated issuer of tax-free bonds has been fixed at 55 basis points below the government bond yield for retail investors and 80 basis points for other investors.

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.

FinMin asks taxpayers to e-file I-T returns early

Last Updated: Wednesday, July 1, 2015, 21:16

The Finance Ministry today asked taxpayers to file their I-T returns for 2015-16 early to avoid the rush towards the last date of August 31.

India, Mauritius officials to revisit tax treaty tomorrow

Last Updated: Sunday, June 28, 2015, 14:53

The two-day talks between officials from both countries will start on June 29.

No taxman can terrorise assesses of scrutiny: CBDT chief

Last Updated: Wednesday, June 24, 2015, 15:54

Seeking to allay concerns of taxpayers, CBDT has asked them not to get terrorised by threats of their cases being wilfully chosen for "scrutiny" by the taxman as the procedure is fully electronic and devoid of any human intervention.