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Parthasarathi Shome

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Parthasarathi Shome is actually against retrospective tax laws

Oct 22, 2013

Parthasarathi Shome is actually against retrospective tax laws

mid long-pending dispute between Vodafone and tax authorities, Finance Minister's advisor Parthasarathi Shome today said the government should not go in for retrospective amendment of tax laws to raise revenue. #P. Chidambaram #Vodafone #Retrospective Tax #Parthasarathi Shome
Government sets up new tax reform commission

Aug 26, 2013

Government sets up new tax reform commission

The government Monday set up a commission under the chairmanship of Parthasarathy Shome, advisor to finance minister, to suggest reforms in tax administration aimed at widening the tax base and enhancing compliance. #P. Chidambaram #NewsTracker #Parthasarathy Shome #Tax Reform Commission
Expect more dialogues between Centre and states on GST: Shome

Mar 21, 2013

Expect more dialogues between Centre and states on GST: Shome

More dialogues are expected between the Centre and states in the coming months on some issues related to Goods and Services Tax (GST), said Union Finance Ministry advisor Parthasarathi Shome. #PolicyWatch #GST #Centre #Parthasarathi Shome #State
Cabinet may consider Vodafone tax issue next week

Mar 10, 2013

Cabinet may consider Vodafone tax issue next week

The Vodafone tax liability arose due to amending of the Income Tax Act, 1961, with retrospective effect during the tenure of the then finance minister Pranab Mukherjee. #Vodafone #CompanyWatch #Retrospective Tax #Parthasarathi Shome panel
India needs good rating from agencies to help capital inflows: Shome

Mar 09, 2013

India needs good rating from agencies to help capital inflows: Shome

India needs good rating from global credit rating agencies to help bolster foreign capital flows into the country, Union Finance Ministry advisor Parthasarathi Shome said today. #Economy #India #ExpertView #Parthasarathi Shome #Credit Ratings Agency
Budget 2013: Does Chidu's 'dream team' have too many stars?

Feb 27, 2013

Budget 2013: Does Chidu's 'dream team' have too many stars?

Ahead of Budget 2013, which will require him to walk a tightrope, P Chidambaram is assembling an all-star economic policymaking team. #P. Chidambaram #Raghuram Rajan #PolicyWatch #Budget #Parthasarathi Shome
Budget 2013: Dear FM, Indians aren't undertaxed; govt is a wastrel

Feb 27, 2013

Budget 2013: Dear FM, Indians aren't undertaxed; govt is a wastrel

Facing a huge budget deficit, the FM may resort to higher taxes. But our problem is we already pay a lot, but the money garnered is wasted #P. Chidambaram #The Tax Axe #Budget2013 #Parthasarathi Shome #Bitter Medicine
Indian mkts need optimum control to maintain balance: Shome

Dec 10, 2012

Indian mkts need optimum control to maintain balance: Shome

To promote investment in infrastructure sector, Finance Minister P Chidambaram's tax advisor Parthasarathy Shome suggested that the government should "bear the burden of risk allocation and risk mitigation in financing infrastructure". #Finance #Chidambaram #ExpertView #Indian Markets #Parthasarathy Shome
Don't use anti-tax avoidance measures to raise revenue: Shome

Oct 11, 2012

Don't use anti-tax avoidance measures to raise revenue: Shome

Anti-tax avoidance measures like GAAR should be used sparingly and not to raise revenue for the government, said Parthasarathi Shome who heads the government committees on taxation matters. #Tax #ExpertView #Gaar #Parthasarathi Shome #Shome Panel
Shome panel for waiving interest, penalty in retro tax

Oct 09, 2012

Shome panel for waiving interest, penalty in retro tax

The Shome panel said that retrospective amendment of tax laws should occur in exceptional or rarest of rare cases. #Vodafone #PolicyWatch #Parthasarathi Shome #Shome Panel