Taxation

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