New Delhi: Mauritius PM Navin Ramgoolam today said the country has decided to provide automatic exchange of tax information with India.On fears of money-laundering through Mauritius, he said: “We will not allow anybody to abuse
New Delhi: In a bid to boost the mutual fund industry, market regulator Sebi has requested the Finance Ministry to consider various tax sops and other measures for investors and a final decision in this
Indore: The Central Excise, Customs and Service tax department has arrested the director of a coaching institute here for alleged evasion of service tax. Dr Pankaj Gupta, the director of popular coaching institute ‘Brain Master'
New Delhi: If you are filing online your Income Tax return, the paper copy of the ‘ITRV' should only be sent through “speed post” to the Central Processing Centre (CPC) of the department in Bengaluru.ITRV
New Delhi: As part of bringing in more credibility among tax payers and to streamline income tax procedures, the Government has set up a Tax Administration Reform Commission comprising officials from public and private sector
New Delhi: The country's largest lender State Bank of India (SBI) today reported a flat advance tax payout for the March quarter at Rs. 1,456 crore.The lender, which controls nearly a fourth of the total
New Delhi: India and the United States have decided to enhance cooperation for automatic exchange of information on tax evasion and detection of financial crimes, shoring up efforts to crackdown on blackmoney cases involving economic
New Delhi: Corporates can pay their first quarter advance tax today, tomorrow and on Monday at the designated bank branches, an official statement said. “All designated branches of authorised banks have been asked to function
MUMBAI: State-owned India Infrastructure Finance Company Ltd (IIFCL) has sought the market regulator SEBI's approval to raise up to Rs 8,171 crore through tax-free bonds.“Public issue by IIFCL tax-free, secured, redeemable, non-convertible bonds in the
Bhubaneswar: The Health and Family Welfare department of Government of Odisha has suggested for increase in tax on Tobacco expressing concern over the health hazards.Health and Family welfare (H&FW) department secretary in a letter to
New Delhi: A proposal to tax the super-rich at a higher income tax rate of 35 per cent in the Direct Taxes Code (DTC) Bill was not taken up by the Cabinet today.While the Bill
Sydney, Jul 16: Australia's Prime Minister Kevin Rudd said on Tuesday a deeply unpopular carbon tax will be replaced by a less-severe emissions trading scheme a year ahead of schedule, in a bid to lower
Mumbai, Jul 15: Wholesale traders in Mumbai have launched a two—day strike to protest against the pending Local Body Tax (LBT) imbroglio, officials said here on Monday.The provocation for the strike is the government failing
Los Angeles, Nov 26: Actor Charlie Sheen showed off his generosity when he reportedly paid "Scary Movie 5" co-star Lindsay Lohan's tax bill worth 100,000 pounds.The actors became close friends after shooting for the movie
Tirupati, Sept 9 : President Pranab Mukherjee on Sunday refused to join the debate over changes sought to be made by the government in retrospective taxation policies and disapproved sentiments that indicate lack of confidence.
Albany, New York, Sep 6: No one would confuse the Nite Moves strip club with the Bolshoi Ballet, but what the lap dancers do there is art and entitled to the same tax exemption other
New Delhi, Apr 19: The government today brushed aside the pressure being built by the global trade bodies in the Rs 11,000 crore Vodafone tax dispute case and asserted that the British telecom major cannot
New Delhi, Mar 16: Following are the direct, indirect tax proposals highlights in Finance Minister Pranab Mukherjee's budget speech in Parliament today:-- Income Tax Exemption Limit Raised From Rs 1.8 Lakh to Rs 2 Lakh,
New Delhi, Mar 12: The Revenue Department today attached Jet Airways' accounts, maintained by global airlines' body IATA, for non-payment of service tax dues to the tune of Rs 69 crore.“We have frozen the IATA
New Delhi, Feb 10 : Indian oil refiners want exemption from payment of withholding tax to start using a newly agreed mechanism of paying in rupee for the crude oil they buy from the Persian
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