Nov 19, 2021 02:56 PM IST
Revenue Secretary Tarun Bajaj said that in terms of income tax, some people are already paying capital gains tax on the income from cryptocurrency, and in respect of Goods and Services Tax (GST) also the law is "very clear" that the rate would be applicable as those in case of other services.
- Aug 05, 2021 09:14 PM IST
The move will bring respite to companies like Cairn Energy and Vodafone, and is expected to to end their long-standing legal dispute with the Indian government.
- Jun 10, 2021 04:50 PM IST
From the Indian perspective, considering that its corporate tax rate already exceeds the proposed global minimum tax rate, the G7 global minimum tax is unlikely to adversely impact companies operating in India
- Jan 29, 2020 04:01 PM IST
In the present scenario, levy of DDT is a disincentive for a foreign shareholding in terms of the return on investment as well as a disincentive for capital investment.
- Mar 26, 2017 03:05 PM IST
In cases where tax liability arose because of retrospective amendment to the law or a court ruling, the interest payable on the demand will be waived, it said.
- Nov 25, 2016 01:42 PM IST
According to a CNBC-TV18 report, the apex court will hear the appeals against the demonetisation scheme on December 2. The court will hear the plea challenging the legality and constitutionality of the scheme.
- Feb 24, 2016 12:53 PM IST
To balance the books from the cut, the government will have to withdraw some incentives and benefits. But Parikh isn't sure which exemtions will be removed.
- Jan 18, 2016 09:59 PM IST
The panel has already started deliberations on the second set of recommendatons, which are likely to come in the next two and two and half months, said Ravi Gupta, Member, RV Easwar Panel.
- Sep 29, 2015 04:08 PM IST
Selling a property in India and taking money out of India is a grey area for many non resident Indians. Here is how you can do it in a compliant manner.
- Jul 17, 2015 09:25 AM IST
Vaibhav Sanghavi, Managing Director at Ambit Investment Advisory, explains: "We expect earnings to grow by 20% in FY17 and 12% this year. So going by sheer earnings growth, even without a massive re-rating in the markets, cumulatively we will grow 32-33% in two years, which takes the index number from 8500 to 11000."
- May 20, 2015 08:58 AM IST
The dismal fourth quarter earnings notwithstanding, Akash Singhania, Head-Equity, Deutsche Asset Management India says on an annualised basis, corporate earnings are likely to grow in double digits for FY16 as well as the subsequent two to three years.
- Dec 06, 2013 04:38 PM IST
Seeking to dispel apprehensions of the economy going downhill, the Prime Minister said, "Through all the ups and down in the face of global challenges and despite the burden of past policy mistakes, our economy is on a rising growth trajectory".
- Oct 21, 2013 05:29 PM IST
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.
- May 21, 2013 09:55 AM IST
By: Saloni Roy, Deloitte India
- Oct 10, 2012 11:40 AM IST
The Parthasarathi Shome Committee set up by the government has said retrospective amendments in tax laws targeting overseas mergers and acquisitions of companies with assets in India, should be scrapped.
- May 22, 2012 05:23 PM IST
Vodafone India said it had begun preparations for going public, but the initial public offering could take some time because of uncertain conditions.
- Mar 28, 2012 09:41 AM IST
In a strong message to the critics of the retrospective amendment to the tax laws, Finance Minister Pranab Mukherjee on Tuesday asserted India is not a tax haven.