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Govt does not intend to tax people retrospectively, Jaitley clarifies yet again

Apr 27, 2015

Govt does not intend to tax people retrospectively, Jaitley clarifies yet again

Jaitley said there was breakdown of process of building consensus on various vital issues before May 2014. #CAG #CBI #Arun Jaitley #investors #Retrospective Tax #taxation policy
Abdulqawi Yusuf named third arbitrator in Vodafone tax tussle

Apr 23, 2015

Abdulqawi Yusuf named third arbitrator in Vodafone tax tussle

The dispute is over tax liability arising out of Vodafone's 2007 purchase of Hutchison Whampoa Ltd's Indian assets. #Vodafone #NewsTracker #Income Tax Department #International Court of Justice #Hutchison Whampoa #Abdulqawi Yusuf
Relief for FIIs on tax notices as govt offers double taxation treaty protection

Apr 23, 2015

Relief for FIIs on tax notices as govt offers double taxation treaty protection

Sinha's assurances have cleared some uncertainty for FIIs on how to move forward #Anita Kapur #Minimum Alternate Tax #Jayant Sinha #MAT #FII tax
Modi is ending UPA's oil mess, but cannot remain a fair weather deregulator

Apr 22, 2015

Modi is ending UPA's oil mess, but cannot remain a fair weather deregulator

The government's decision to free ONGC from having to subsidise LPG this year is good, but this decision cannot depend on the vagaries of global oil prices. Deregulation cannot be brought in or abandoned based on convenience #ONGC #LPG Subsidies #Dharmendra Pradhan #Oil Price Deregulation #Windfall Profits Tax
Coming soon: PAN card will be issued within 48 hours of applying

Apr 22, 2015

Coming soon: PAN card will be issued within 48 hours of applying

The government will soon launch a facility under which a PAN (Permanent Account Number) card will be issued within 48 hours of applying, according to a senior official. #Aadhaar #Central Board of Direct Taxes #Jewellery #tax returns #PAN card

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BJP win lifts markets, but road to economic recovery may be long

Dec 10, 2013

BJP win lifts markets, but road to economic recovery may be long

The function of the markets is to believe what it wants to believe. A bear market factors in only the worst even if there are some signs of turning around. A bull market factors in the best, even if the signals are unsustainable. #Economy #Stock market #GDP #BJP #ToWhatEffect #Indian rupee #Lok Sabha elections #tax revenue
India Inc sees higher limits on tax-saving investments in Budget

Feb 20, 2013

India Inc sees higher limits on tax-saving investments in Budget

Survey of 300 firms shows requirement of a less litigious tax regime is also key expectation #India Inc #Grant Thornton #tax-saving #Budget Expectations #Budget 2013 #Super tax