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
Election Commission has written to the CBDT seeking cancellation of income tax exemption given to certain political parties as they failed to submit their mandatory expenditure contribution reports on time
The Income Tax department plans to rebut Vodafone's notice under BIPA saying that the pact between India and Netherlands does not cover taxation issues.
The response to the Bilateral Investment
Leaving direct taxes untouched, finance minister P Chidambaram today slashed excise duty on cars, SUVs and two-wheelers, and capital goods and consumer durables to boost manufacturing and growth.
Corporate houses owe a staggering Rs 2,46,416 crore in taxes and the I-T department has devised a strategy to recover them, Parliament was informed today.
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William D. Green
Chairman & CEO, Accenture