Assuaging concerns of foreign investors on proposed amendments to tax laws retrospectively, Finance Minister Pranab Mukherjee today said they are "clarificatory" in nature and will not have any impact on
The Income Tax department has issued fresh notices to telecom giant Bharti Airtel in connection with taxation of overseas roaming charges for additional two financial years. The department has issued
The Income Tax department is said to be mulling prosecution against the HSBC bank for allegedly being the conduit for Indians in stashing money abroad. The department, which had received
The government today said that it is considering taking appropriate action against members of Income Tax Appellate Tribunal who had allegedly entered into an illegal nexus with private parties and
Dismissing the criticism of government's decision to amend I-T Act with retrospective effect, the Finance Ministry today said the proposed change will not impact foreign investment flows. "The apprehension that
In an apparent fallout of the Supreme Court's order in the Vodafone case, the Income Tax department has started a review of its probe in the 2G spectrum scam which
Government may grant the Income Tax department powers to re-open tax returns of beyond six years in specific cases of black money where "foreign assets" are involved. The I-T department
The government is mulling a probe by the Enforcement Directorate and the Income Tax department into the role of two Mauritius-based entities to identify their stakes in Devas Multimedia Pvt
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