Tax Laws

Black money hunt: Taxation Law Second Amendment Bill is last chance for evaders to come clean

By introducing the Taxation Laws (Second Amendment) Bill 2016 in Parliament on Monday, the Narendra Modi government shifted the drive against black money to a next level, probably giving the black money hoarders a last chance to come clean on it by declaring their unaccounted income and paying tax on it.

Donald Trump says he 'brilliantly' used laws to pay less tax for up to 18 years

Unfazed by reports that he might have avoided paying income tax for up to 18 years, Republican presidential nominee Donald Trump has acknowledged that he "brilliantly used" tax laws to pay as little tax as legally possible

Apple ruling based on rules and facts claims EC President Jean-Claude Juncker

The EU's ruling that Apple Inc must pay a huge tax bill to Ireland was clearly based on facts and existing rules and was not a decision aimed against the United States, European Commission President Jean-Claude Juncker said on Sunday.

Budget 2015: Change tax laws to make pensions, annuities plans attractive

The finance minister in his maiden budget speech had announced the concept of universal KYC and a single demat account across asset classes.

Budget 2015: Foreign cos may to be allowed to claim deduction on dividend tax

Govt is contemplating tweaking tax laws to allow foreign firms to claim deduction in home countries for the dividend tax paid by subsidiaries in Budget 2015

Nasscom welcomes PM decision to review IT industry tax laws

The National Association of Software and Services Companies (Nasscom) Monday welcomed the initiative of Prime Minister Manmohan Singh to review tax laws pertaining to the IT industry, especially MNCs,

Tax changes not vindictive, won't re-open old cases, Pranab assures India Inc

Interacting with industry leaders, Mukherjee maintained there was no trust deficit between the govet and industry and stressed that Centre will make all efforts to push forward economic reforms.

Voda case: New tax laws will bring Kraft-Cadbury, AT&T deals under ambit

Kraft Foods Inc's 2010 acquisition of Cadbury's Indian business and deals involving Indian assets sold by AT&T Inc and SABMiller Plc's purchase of Fosters would be at risk under the new amendment.<br /><br />