Tax Authorities

Prannoy Roy and Radhika Roy, the founders of NDTV were prohibited by the income tax department in 2017 from selling a part of their stake as a part of a reassessment of their taxes, said NDTV on Wednesday.

Airbnb obliged to provide information to tax authorities, EU court adviser says

Airbnb has in recent years found itself at loggerheads with authorities in several European Union countries, arguing that taxation and other requirements contravene the EU principle of the freedom to provide services across the 27-country bloc.

Jewellery sales under taxmen lens amid crackdown on blackmoney

Intensifying the crackdown on laundering of illicit wealth, tax authorities are keeping a close vigil on jewellers to check if sales are being broken down into sub-Rs 2 lakh to avoid quoting of PAN.

IDS: Taxmen to seek info from suspected black money holders

Tax authorities plan to seek details from various entities against whom there is specific information of having undisclosed assets, as part of the domestic black money disclosure scheme.

Shome against retro amendment of tax laws to raise revenue

Parthasarathi Shome was replying to a question whether retrospective amendment in the tax laws has vitiated business environment in the country, particularly the one related to the tax dispute with the UK-based telecom giant Vodafone Group.

Zurich wants Google Switzerland to pay more tax: Report

Tax authorities in Zurich are demanding that Google pay more tax, a Swiss newspaper reported on Friday, citing undisclosed sources with knowledge of the matter.

GAAR: Should you worry about the new tax-evasion rule?

The government has accepted the Shome-Committee recommendations on General Anti-Avoidance Rules

UK taxman probing HSBC Jersey accounts

British tax authorities are examining details of more than 4,000 British clients of HSBC in Jersey after a whistle-blower handed them a list of names, addresses and account balances this week

India, Mauritius locked in GAAR stalemate: Sources

CNBC-TV18's Rituparna Bhuyan reports, quoting sources, that talks regarding the exemption of GAAR between Mauritius and India have reached a deadlock as both refuse to change their stance

No tax liability on P-notes holders: Pranab Mukherjee

Holders of participatory notes, or P-notes, will have no tax liability and a clarification on these notes will be issued in due course, finance minister Pranab Mukherjee said on Friday.

Ex-prosecutor says tax-evading Americans turn to Asia

Some Americans, worried about greater US scrutiny of Swiss banks, are using bank accounts in Asia to hide their money from tax authorities, a former prosecutor involved in the US government's crackdown on Swiss bank UBS said on Monday.