Apr 27, 2020 09:14 PM IST
The due date for its filing is September 30 and if the taxpayer is covered by transfer pricing provisions, the due date is November 30.
- Sep 19, 2019 02:59 PM IST
New rules mandate officials to refer a suspected case of tax avoidance to a panel of senior officials. The Income Tax (8th Amendment) Rules, 2019 specify how tax officials should refer a suspected case of tax avoidance to a panel of senior officials and what should be the role of the panel.
- Jul 15, 2019 12:24 PM IST
Foreign portfolio investors are a baffled lot. The trouble is the increase in tax surcharge doesn’t sit well with government’s stated intention of making India an investment hotspot.
- Jul 15, 2019 10:00 AM IST
If India recognises the role played by FPIs to the depth and breadth of its capital markets as positive, then making its investment in India more expensive cannot be the way to do it.
- May 14, 2019 08:28 PM IST
The reporting requirement of these details in income tax audit form has been kept in abeyance till March 31, 2020 -- meaning that all income tax audit reports need not include details on GST and General Anti-Avoidance Rules (GAAR) till March 2020.
- Jul 30, 2017 07:55 PM IST
This is how your employee compensation structure might be affected after the rolling out of the General Anti-Avoidance Rule (GAAR) and the Goods and Services Tax (GST)….
- Apr 06, 2017 06:45 PM IST
- Apr 01, 2017 06:34 PM IST
The meeting of Monetary Policy Committee scheduled on April 5 and 6 will be closely watched by the Street. Majority expect status quo this time despite encouraging retail inflation data.
- Jan 31, 2017 06:14 PM IST
To boost capital investment in manufacturing sector in future, it is expected that the existing benefit for additional deduction of 15 percent in respect of acquisition and installation of new plant and machinery to be extended for investments beyond March 31, 2017
- Jan 31, 2017 04:19 PM IST
The law for determining tax residency for foreign companies by way of their POEM has been in force since April last year.
- Jan 29, 2017 12:26 PM IST
Foreign investors have pulled out
a little over Rs 5,600 crore from the Indian capital market so
far this month, concerned about "lower prospects" of economic
growth compared with other emerging markets.
- Jan 28, 2017 09:05 PM IST
The Nifty has witnessed a breath-taking rally over the past one month, the fate of which may be decided this week when the Union Budget is presented on Wednesday (February 1).
- Jan 27, 2017 09:32 PM IST
Industry body Assocham termed as a "positive development" the Central Board of Direct Taxes (CBDT) assertion that General Anti-Avoidance Rules (GAAR) would be applicable from April 2017.
- Jan 27, 2017 06:59 PM IST
The sharp run-up of almost 8 percent in the broad indices in the month preceding the Budget suggests that the market is expecting the moon, however, it takes just one announcement from Jaitley to pour cold water over such high hopes.
- Jan 27, 2017 04:59 PM IST
Grandfathering as per I-T rules will be available to Compulsorily Convertible Instruments (CCI), bonus/split issue. Grandfathering will also apply to investments made prior to April 1, 2017.
- Jan 27, 2017 12:41 PM IST
While Prime Minister Narendra Modi's administration is widely seen as being friendly to businesses and investors, it not expected to announce any dramatic moves at a time when the economy is under pressure from a cash squeeze.
- Jan 22, 2017 01:00 PM IST
The government should double the basic I-T exemption limit to Rs 5 lakh per year and continue with incentives and deductions to corporate houses for stimulating
consumption demand and propel private investment post demonetisation, according to an EY survey.
- Jan 22, 2017 01:00 PM IST
Foreign investors have pulled out over Rs 5,100 crore from the Indian capital market so far this month over concerns regarding "lower prospects" of economic growth as compared to other emerging markets.
- Jan 16, 2017 03:42 PM IST
Speaking to CNBC-TV18, Ketan Dalal, Senior Tax Partner at PwC India, said while the general anti-avoidance rule should not be feared as people are already familiar with the contours of it, its implementation needs to monitored closely.
- Jan 16, 2017 11:37 AM IST
Govt unlikely to change GAAR‘s implementation date; amended CBDT rules have â€œgrandfatheredâ€ investments made before April 1, 2017 exempting these from the anti-avoidance rule
- Jan 12, 2017 03:25 PM IST
One can expect the government to announce a marginal cut to the headline corporate tax rate along with a clear roadmap detailing the manner in which the proposed reduction and incentive phase out will be achieved.
- Jan 08, 2017 03:24 PM IST
Tax anti-avoidance rule GAAR will
kick in from April 1, 2017, the tax department said today.
- Jun 27, 2016 09:16 AM IST
General Anti-Avoidance Rule (GAAR), which will kick in from April 1 next year, contains provisions to prospectively tax overseas deals involving local assets and are aimed at minimising tax avoidance and evasion by entities based in tax havens.
- May 12, 2016 03:47 PM IST
In stock specific action, banks, auto, IT and metals lead the market rally. ICICI Bank, Asian Paints, SBI and TCS were major gainers in the Sensex.
- May 12, 2016 12:42 PM IST
Experts feel instruments such as participatory notes, which allow foreign investors to skip registration with Sebi to invest in India, may take a hit and that the regular route of investments was too cumbersome for FIIs