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FM for DTAA & tax treaties to bring money stashed abroad The government on Monday tabled the White Paper on black money in Lok Sabha, dealing at length with ways to disincentivise its generation and sought to put in place necessary framework to deal with the menace.
May 21, 2012 at 12:48 | Source: Deccan Herald
In 219 cases, undisclosed income of Rs. 565 crore has been detected and tax of Rs.181 crore realized so far. This information was given by the Minister of State for Finance, Shri S.S. Palanimanickam written reply to a question in Rajya Sabha today.
May 22, 2012 at 16:14 | Source: Press Trust
clarified, will not override provisions of the Double Taxation Avoidance Agreements (DTAA) which India has with 82 countries. Referring to the issue of rising oil prices in the international market and its impact on the country, he said he has asked C ...
May 16, 2012 at 14:34 | Source: in.com
India has singed Double Tax Avoidance Agreements (DTAA) with 82 countries and is in the process of modifying the agreements in line with the international norms. Among the major nations, India has already amended DTTA with Switzerland, Australia and Singapore.
May 25, 2012 at 13:33 | Source: MSN India
“Retrospective amendments to the Income-tax Act will not override Double Taxation Avoidance Agreement (DTAA) with 82 countries” said Mukherjee. It would impact those cases where the transaction has been routed through low tax or no tax ...
May 15, 2012 at 08:52 | Source: MoneyControl.com
Mukherjee said that clarificatory amendments to the tax laws do not override the provisions of the Double Taxation Avoidance Agreement (DTAA) which India has with 82 countries. (MORE)
May 15, 2012 at 09:49 | Source: MoneyControl.com
The benefits will not be applicable to Vodafone like cases which involve low tax and non-DTAA destinations like Cayman Island. Share Taxability (Taxability of shares transferred between closely held companies at a value in excess of the fair market value ...
May 17, 2012 at 07:02 | Source: pressreleasepoint.com
Also, the benefits will not be applicable to Vodafone like cases which involve low tax and non-DTAA destinations like Cayman Island. The amendment also clarifies that the tax evasion law will be applicable only to specific cases where a transfer is ...
May 16, 2012 at 10:23 | Source: PR-USA.net
This has been done by some countries when their direct interests were jeopardised. It is therefore understandable that the revenue authorities have indicated that the DTAA with Mauritius would be revisited, a matter that, if earlier corrected, would ...
May 21, 2012 at 19:07 | Source: Business Standard
As has been pointed out earlier in these columns, the Double Taxation Avoidance Agreement (DTAA) and the Tax Information Exchange Agreement (TIEA) are about declared incomes abroad and not black savings held abroad. Similarly, voluntary disclosure schemes ...
May 25, 2012 at 19:02 | Source: The Hindu