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2009-11-20 11:21:00
Ahluwalia says not looking at tax on inflows India is not considering imposing a tax to curb capital inflows, and wants the inflows to rise a little more, the deputy chairman of the government's planning commission told Reuters on Friday.
2009-11-17 01:20:00
The government might witness a shortfall of Rs 15,000 crore in indirect tax collections this fiscal against the designated target. The projection clearly suggests that the recovery in the economy
2009-11-11 16:10:00
Indirect tax receipts down 21.6 pct y/y in Apr-OctIndia's April-October indirect tax receipts were down 21.6 per cent from a year earlier at 1.27 trillion rupees, the finance ministry said on Wednesday.The decline reflected falling imports and
2009-11-11 01:40:00
While there is little doubt a Tobin tax increases the cost of investing, foreign portfolio investors will look at the overall costs and returns in India compared to that in other parts of the world.
2009-11-09 15:10:00
Certain provisions in the Direct Tax Code applicable to religious and charitable institutions and trusts will pose 'serious difficulties' for these organisations, the Catholic church has
2009-11-06 18:21:41
In a move that is going to affect NRIs as well as Indian residents alike, the Indian tax laws are due to undergo an extensive facelift. The forty eight-year-old Indian Income Tax Act (ITA) is set to
2009-11-05 15:00:00
Direct tax collections grew by 3.92 per cent to Rs 1,73,447 crore for the first seven months of current fiscal, around Rs 2 lakh crore short of the target for the mop-up this financial year. Most
2009-11-05 14:50:00
Govt reviewing tax rules on savings, capital gainsThe government is debating the need for changes in its tax laws including that on saving schemes, capital gains of non-residents and tax agreements with various nations, the finance ministry said in a
2009-11-02 01:20:00
Foreign companies planning to do business in India often set up a liaison office for undertaking promotional work as a prelude to their actual commercial activities. It is generally believed that a
2009-10-24 12:34:24
Regular readers of this column would be aware that the new Direct Tax Code proposes to adopt the Exempt-Exempt-Taxed (EET) regime. The first leg (representing the first E) is covered by Sec 66 of the
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