The Easwar Panel has suggested a few substantive changes to tax policy which could be addressed in the coming Budget.
SKS Microfinance is hopeful of recovering at least Rs 300 crore out of the Rs 1300 crore of loans it had written off in its Andhra Pradesh portfolio, Chief Financial Officer Dilli Raj said in an interview to CNBC-TV18 today.
But CNBC-TV18‘s Aakansha Sethi reports that the government is planning to apply Section 9 of the Retrospective Amendment‘s to companies under tax scrutiny and not on cases that have already been settled.
Vodafone's non-executive chairman Analjit Singh met the finance minister today over setting the tax dispute.
The Parthasarthy Shome-led committee is likely to submit the second draft guidelines on GAAR and the Section 9 retrospective amendment to the finance ministry today.
Hitesh Jain, partner at ALMT Legal spoke to CNBC-TV18 for an insight into the review petition that the government has filed in the Vodafone Tax case.