Latest News on Gaar
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Gaar - Total results - 120
Apr 28, 2020
Coronavirus Outbreak: CBDT third-time defers GST, GAAR reporting in Income-Tax audit report till March 2021The Income Tax Department on Monday deferred for the third time the requirement for companies to include in their I-T audit report the details of the Goods and Services Tax (GST) and GAAR
May 14, 2018
Walmart-Flipkart $16 bn deal: Income Tax Department to seek share purchase pact from Flipkart to ascertain tax liabilityIn the Walmart-Flipkart deal, the revenue department will go through the share purchase agreement to ascertain the purpose of investment and the emanating gains.
Jan 18, 2018
Budget 2018: From reduction in corporate tax to GST compliance, KPMG draws up its wishlistAbsence of a standard deduction puts the salaried taxpayers at a disadvantage particularly when the inflation is all pervasive in the economy
Feb 03, 2017
Budget 2017: Here are a few black money steps Arun Jaitley did not spell out on WednesdayThe budget speech however, did not draw attention to a number of initiatives taken by the government in the past few months to curb the menace of tax avoidance
Jan 27, 2017
GAAR to finally take effect from 1 April after 3 year delaySeeking to assuage concerns of investors, CBDT said GAAR provisions shall be effective from assessment year 2018-19 onwards and "shall not be invoked merely on the ground that the entity is located in a tax efficient jurisdiction".
Jan 16, 2017
Government needs to instill focus on growth to boost reforms in this budgetThe government is widely expected to be a doer and enabler in this crucial budget and we have a chance to truly make it India’s chance to fly again in Budget 2017
Dec 31, 2016
India-Singapore tax treaty amended, 'reasonable burial' to black money route, says JaitleyThe renegotiation of the treaty marks the culmination of a long process of renegotiation of the three key treaties that India had which provided exemptions from capital gains tax - Mauritius, Cyprus and Singapore
May 12, 2016
Black money battle: Adhia says India can scrap tax treaty with CyprusIndia's redrawn tax treaty with Mauritius to impose capital gains tax on investments from the island nation will not apply to existing holdings of P-Notes, Revenue Secretary Hasmukh Adhia said.
Mar 01, 2015
GAAR to incorporate OECD initiative's norms on tax avoidanceFinance Minister Arun Jaitley in his Budget for 2015-16 yesterday had postponed by two years to 1 April 2017 the implementation of the controversial GAAR.
Feb 28, 2015
Tax math, disinvestments will make or break Arun Jaitley's Budget 2015Evaluating the budget is always a tricky job and ideally one should score the earlier budget based on realization versus budgeted numbers.