Cairn Energy of UK is seeking compensation from the Government of India for the loss in value it suffered due to an "unfair and arbitrary" Rs 10,247 crore tax demand
Scottish oil explorer Cairn Energy today said it is engaged with the Indian government to resolve a tax dispute that has stalled sale of its 10 per cent stake in
Industry body Assocham today said the Centre should look at exempting all educational products, used by school and college students, from both central and state taxes.
This will help in
Government may slash its food and fuel subsidy bill by about $8 billion in next week's budget, two sources said, but despite the impressive headline, the cut is not as
The finance ministry has prioritised resolution of tax disputes involving telecoms companies telecoms minister Ravi Shankar Prasad said on Tuesday.
Vodafone Group PLC became India's largest overseas corporate investor
With the retrospective taxation issue spooking investors, the Narendra Modi government today committed to making the tax regime non-adversarial and investor friendly, and promised to introduce the GST.
In another step towards shedding banking secrecy practices, 47 nations including Switzerland and India, have agreed upon automatic exchange of information on tax matters.
The endorsement of the 'Declaration on
To fasten the process of identifying tax evaders, the Income Tax department has decided to set up a major data centre of such classified information on the lines of the
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William D. Green
Chairman & CEO, Accenture