Tax avoidance and tax evasion
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Tax avoidance and tax evasion - Total results - 7
May 08, 2012
Investors fear to tread on India's tax vortexThough investors initially welcomed the concessions unveiled on the General Anti-Avoidance Rule, Indian stocks fell sharply and the rupee weakened on Tuesday, as investors decried a continued lack of concrete details.
May 08, 2012
Pranab sticks to guns on Voda, says Parl can amend tax lawsThe Finance Minister said they would make amendments to the law to ensure that India did not become a tax have and firms like Vodafone could not make capital gains on assets in India without paying tax here or their country of origin.
May 01, 2012
India's proposed tax rules a big mistake: Mark MobiusAccording to Mark Mobius, one of the world's best-known emerging market investors, India is faltering as an investment destination because of significant policy mistakes.
Mar 30, 2012
Voda seeks Netherlands treaty to snub govt, will others follow?Fearing that the Indian government will use the new tax laws to trap Vodafone to pay back around Rs 12,00o crore as taxes, the telco may just invoke a bilateral investment treaty between India and the Netherlands to avoid doing so.
Mar 29, 2012
Confusion over GAAR likely to risk sell-off in marketForeign investors have many billions of dollars of investments that would need to be unwound because it's too much of a risk
Mar 27, 2012
GAAR: FIIs to rethink strategy; Mauritius no longer a tax haven ?A large proportion of foreign investment in the stock market comes through companies registered in Mauritius and are exempted from tax in India under a Double Taxation Avoidance Agreement with Mauritius.
Nov 09, 2011
F1: Ecclestone paid bribe to keep tax authorities at bay"I had no alternative at the time," the 81-year-old Ecclestone told a Munich court, saying he had paid off a former employee of Germany's second-largest public sector Landesbank.