The government today said 5 per cent tax would be levied at the time of distribution of payout to non-resident investors in an Infrastructure Development Fund (IDF), irrespective of being
India is aggressively pursuing tax claims against multinational firms operating in the country as the government seeks to rein in its budget deficit, taking particular aim at IT and back-office
India and the UK have signed a Protocol amending the Convention on avoidance of double taxation to streamline the provisions on partnerships and dividends as well as information flow between
In yet another move to provide clarity on taxation issues, Prime Minister Manmohan Singh today set up a committee to look into such matters pertaining to IT sector and research
The Inter-Ministerial Group (IMG) which was constituted by the government to respond to the arbitration notice of Vodafone today held the view that the issue of taxation does not fall
The government today said it will clarify its position on taxation of investments from overseas, amid FIIs expressing concern on the proposed anti-tax avoidance rules.
"As and when the position
The finance ministry has constituted a 12-member advisory group headed by the Revenue Secretary on the controversial amendments in the Income Tax Act that seek to tax overseas deals with
India and Organisation for Economic Cooperation and Development (OECD) -- grouping of mostly industrialised nations -- have agreed to strengthen cooperation in cross-border taxation issues, the Finance Ministry said today.
Stay informed on our latest news!