Feb 03, 2016 at 16:47 | Source: CNBC-TV18
"People invested in systematic investment plans (SIP) are generally long-termers with 3-5 years perspective. I dont think they should panic and sell out as this weakness may just continue for few more months," independent market expert Ambareesh Baliga says.
Feb 01, 2016 at 17:34 | Source: PTI
With the signing of the bilateral APAs on January 29, the two Indian companies have been provided with tax certainty for 12 years each (5 years under Mutual Agreement Procedure and 7 years under APA).
Jan 25, 2016 at 15:59 | Source: PTI
"The Shome Committee report has given several recommendations which we are at a very advanced stage of looking into. It has suggested certain reforms in tax administration," he said addressing the Platinum Jubilee celebrations of Income Tax Appellate Tribunal here.
Jan 19, 2016 at 20:59 | Source: PTI
APA provides for signing of an agreement between a taxpayer and the I-T Department on an appropriate transfer pricing methodology for determining the value of assets and ensuing taxes on intra-group overseas transactions.
Jan 07, 2016 at 12:46 | Source: Reuters
Venkaiah Naidu also said the government was willing to advance the upcoming parliament session to back the landmark tax reform if the Congress party was ready to support the measure.
Jan 06, 2016 at 17:54 | Source: Moneycontrol.com
Though senior citizens need not pay advance tax, they have to account for income tax and pay it. Also they are expected to file income tax returns, as per rules.
Nov 29, 2015 at 16:14 | Source: PTI
APA, introduced in the Income Tax Act in 2012, provides for signing of an agreement between a taxpayer and the IT department on an appropriate transfer pricing methodology for determining the value of assets and ensuing taxes on intra-group overseas transactions.
Nov 27, 2015 at 22:36 | Source: PTI
"The Central Board of Direct Taxes (CBDT) has entered into 11 more unilateral Advance Pricing Agreements (APAs). With this, CBDT has so far signed 31 APAs (30 unilateral and one bilateral)", the Finance Ministry said in a statement.
Oct 11, 2015 at 19:04 | Source: PTI
As part of its latest drive to widen the tax base, the Income Tax department has asked traders and businessmen to pay advance tax rather than file annual returns at the end of the financial year so they can be added as new assesses promptly.
Oct 05, 2015 at 08:45 | Source: IBNLive.com
"The government is at an advanced stage in considering the requirement of furnishing PAN card details if cash transactions beyond a certain limit are undertaken," he said in a Facebook post.