Jan 27, 2014 at 22:25 | Source: CNBC-TV18
The tax department has now clarified that the tax procedures for FPIs will be similar to that for FIIs. That brings in clarity not just for FIIs who will now have to migrate to the FPI regime but also for QFIs
Jan 27, 2014 at 20:58 | Source: Moneycontrol.com
A day after The Firm highlighted the pending issue of tax treatment of FPIs, the CBDT issued a circular that extends to FPIs (incl QFIs) the same tax treatment as applicable to FIIs.
Apr 06, 2013 at 12:59 | Source: CNBC-TV18
Clarity- this was the single point goal of the Rangachary Committee that was set up last year by the Prime Minister- clarity on how the transfer pricing principles should be applied to over 750 MNC Development Centres in India.
Apr 05, 2013 at 16:38 | Source: Moneycontrol.com
The Central Board of Direct Taxes (CBDT) recently released two circulars - Circular No. 02/2013, pertaining to selection and application of the profit split method (PSM) and Circular No. 03/2013, relating to the conditions relevant to identify development centres engaged in contract R&D services with insignificant risk.
Apr 01, 2013 at 16:21 | Source: Moneycontrol.com
CBDT circulars on application of profit split method and on identification of contract R&D service provider with insignificant risk
Apr 01, 2013 at 16:16 | Source: Moneycontrol.com
By: Samir Gandhi, Deloitte Haskins & Sells
Feb 06, 2013 at 22:34 | Source: CNBC-TV18
Even as the Income Tax department and Vodafone executives have held several rounds of talks to settle Rs 11,200-crore tax dispute, the absence of enabling provisions for a settlement is likely to be addressed in the forthcoming Budget.
Dec 05, 2012 at 18:12 | Source: Moneycontrol.com
ICICIdirect.com has come out with its report on REC Tax Free Bond. The research firm believes that, the bond is a good investment option for a fixed income investor given its tax exempt status, good coupon rate and issuance from a government backed company.
Sep 03, 2012 at 18:23 | Source: Moneycontrol.com
Emkay has come out with its report on "India Taxation". According to the research firm, Parthasarathi Shome committee on General Anti Avoidance Rules (GAAR) submitted its report to the finance ministry and has recommended deferring the controversial tax provision by three years and abolition of capital gains tax on transfer of securities.
May 29, 2012 at 08:51 | Source: Moneycontrol.com
This PwC News Alert summarizes the recent CBDT Circular on determination of arms length price.