General Anti Avoidance Rule

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.

GAAR not to apply on income from investments before April 1

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.

India is an outlier, but for a good principle: Jayant Sinha

The recent tweaked tax treaty with Mauritius is silent on taxing derivatives. Jayant Sinha, minister of state for finance said India is one of the few countries to say that the current tax regime in inequitable and has to be changed.

India's tax laws an impediment to foreign inflows: Karma Capital

Claiming that "India had lost face" globally due its taxation policy, Nandita Parker, Managing Partner of Karma Capital, attacked the amendment of the Mauritius agreement, saying it was an impediment to foreign investment.

India equity funds see $9.5 billion inflow in H1 of FY15

India focused equity funds have witnessed an inflow of over USD 9.5 billion from worldwide investors in the first six months of the year, while neighboring China has seen a hefty outflow of USD 17 billion during the same period, says a report.

Budget woos foreign investors with tax incentives

India, keen to rekindle economic growth, wooed foreign investors on Saturday with a budget that delayed controversial rules to target tax avoidance and maintained lower taxes on income from debt investments.

Govt likely to defer GAAR rollout from April 1, 2015: Srcs

The government has said that India has just started seeing signs of an economic revival so right now would not be the best time for GAAR.

GAAR clarification significant relief for FIIs: Khaitan

Finance minister P Chidambaram on Monday deferred implementing the controversial general anti-avoidance rule (GAAR) to April 2016. Daksha Baxi, ED-Taxation of Khaitan & Co told CNBC-TV18 the much awaited clarification on GAAR was a significant relief for the foreign institutional investors.

Macro challenges to keep market mood jittery: Purushottam

Going by the macro-economic backdrop, Sangeeta Purushottam, Managing Director, Nine Rivers Capital feels it is hard to get very optimistic since many of the macro challenges are likely to remain.

Investors in FIIs should not be taxed: Shome Panel

The Expert Committee on General Anti-Avoidance Rule (GAAR) headed by Parathasarthi Shome has recommended that overseas investors who directly or indirectly hold stakes foreign institutional investors, should be exempt from the provisions of GAAR.

OPINION: GAAR flip-flop, e-voting, hollow rally, slowdown

The government's latest tune on the much dreaded General Anti-Avoidance Rule (GAAR) will be music to foreign institutional investors' ears.

GAAR: Onus of proof on revenue encouraging, says ALMT Legal

Aliff Fazelbhoy, partner - tax, M&A and employment, ALMT Legal gives a detailed analysis on the draft guidelines released by the finance ministry which would exempt foreign institutional investors if they refrain from routing money to India via tax shelters.

New GAAR guidelines omit Mauritius, Vodoafone :PwC

While Ketan Dalal, joint leader, tax and regulatory services, PWC does not see the GAAR being scrapped, he said that the position on GAAR remains unchanged post the draft guidelines as the market still needs clarity on specific issues.

Don't see FII flows coming in a hurry: Edelweiss Sec

Although the Finance Minister (FM) has delayed General Anti-Avoidance Rule (GAAR) by one, Vikas Khemani of Edelweiss Securities feels that itself will not get FII flows into the market.

FM could have done more on GAAR: ALMT Legal

In an interview to CNBC-TV18, Aliff Fazelbhoy, partner-tax, M&A and employment of ALMT Legal says, whilst the FM has done a lot of good things, there is some confusion; he could have done more on the GAAR.

This week that was: Rupee makes investors 'dukhee'

Equity benchmarks closed at their lowest levels in over three months on Friday as continuing concerns over the depreciating rupee and the likely wording of the General Anti-Avoidance Rule in the Finance Bill, triggered a sell-off.

Four reasons why May 2012 can be different

In the last decade, investors had resorted to sell-in-May-and-go-away approach not once, but six times. This may not hold true this year; as it wasn't in few intermittent years, when market went up in the month of May.

GAAR adding anxiety to investors confidence: ICRA

The concerns surrounding the proposals of General Anti Avoidance Rule (GAAR) has added anxiety to the general "lack of confidence" in the investment climate in India, a top official of rating agency ICRA said.

Clarify GAAR issues or face more FII outflows: Adrian Mowat

Foreign brokerages are asking the government to urgently address the concerns surrounding the proposals of General Anti Avoidance Rule (GAAR) or face disorderly unwinding of FII holdings.

DTC to be implemented from April 2013: Finance Secy

India will implement the direct tax code (DTC) from April 1, 2013, Finance Secretary RS Gujral told CNBC-TV18 on Thursday.

FII income post April 1, 2012 to come under GAAR: Sources

Income of foreign institutional investors (FII), accrued after April 1, 2012, will come under general anti-avoidance rule (GAAR), finance ministry sources say.

Foreign investors complain at India tax provisions

Foreign brokerages are complaining at recent Indian provisions to tax indirect investments and combat tax evasion, saying they are couched in ambiguous language and could also be used to target overseas market investors, risking a sell-off in markets.

P-notes taxation uncertainty seen hounding shares

Concerns about selling by foreign investors could keep shares under pressure this week if the government introduces short-term capital gains taxes on derivative products sold overseas.