Mar 06, 2017 at 13:26 | Source: Moneycontrol.com
The year for the base of indexation has been brought forward to April 2001 which means that any asset bought before this date can calculate the cost as either as actual cost or the value as on this date whichever is higher.
Mar 03, 2017 at 19:24 | Source: PTI
The Public Accounts Committee wants action against people who had availed service tax amnesty scheme in 2013 but never filed any taxes thereafter.
Feb 20, 2017 at 09:00 | Source: Housing.com/news
Under the present tax laws, a person is taxed on profit from the sale of any immovable asset held as a capital asset, under the head capital gains. For computing capital gains, the immovable R
Feb 08, 2017 at 16:32 | Source: PTI
The prices of petrol are lower than the 2013 level and the money collected through taxes on petro products was being used to develop infrastructure and creating educational facilities, government said today.
Feb 02, 2017 at 15:57 | Source: Moneycontrol.com
It has been clarified that the clarification provided in Budget 2016 on benefit of concessional rate of 10% on transfer of shares of a private company (being long term capital asset) shall apply from 1st April, 2013.
Jan 27, 2017 at 13:50 | Source: PTI
Under the current proposals for the US border adjustment tax, exports will be exempted from the calculation of US corporate taxable incomes, while imports will be taxed.
Dec 22, 2016 at 16:14 | Source: PTI
Alongwith the tweet was posted a document purportedly with the Income Tax Department of nine entries from October 2013 to February 14 detailing "cash payments made to Modiji".
Dec 16, 2016 at 07:28 | Source: PTI
India blacklisted Cyprus in 2013 for not sharing tax information. It had classified the island nation as a notified jurisdictional area on grounds that Cyprus was not providing information requested by tax authorities under the taxation treaty.
Nov 23, 2016 at 14:20 | Source: Reuters
Under the proposed settlement, Google will pay back taxes and fines, and the search giant will have to agree to a new calculation of profits made in the country, said one of the people, who declined to be named as the information was not public.
Nov 21, 2016 at 08:58 | Source: PTI
Government data showed that IT software services exports from STP units have grown steadily during the last three years from Rs 2.73 lakh crore in 2013-14 to Rs 2.93 lakh crore in 2014-15.