Government in the Budget next month will announce a friendly tax regime that will encourage setting up of startups in the country, finance minister Arun Jaitley said today.
Amid the ongoing controversy involving Delhi Government bureaucrats, Finance Minister Arun Jaitley today said the officers should emulate the Gandhian principle and maintain position of ethics and morality.
The Cabinet today approved the signing and ratification of an agreement between India and Maldives for exchange of information aimed at curbing tax evasion and avoidance.
The approval was given
India and Japan today signed an agreement to amend the convention for double taxation avoidance and prevention of evasion of income tax.
The existing convention was signed way back in
The CBDT today said it has directed the Income Tax department to expedite issuance of pending refunds which are below Rs 50,000 as part of its drive to "significantly reduce"
India is engaged in "positive talks" with Mauritius on revision of bilateral tax treaty as some issues still need to be sorted out, an official said today.
"Negotiations have been
Finance Ministry today said the increase in indirect tax collections during first seven months of the current fiscal reflects a healthy rise in GDP.
"April-October indirect tax growth: 35
Finance minister Arun Jaitley today said the government in the next few days will bring out a list of tax exemptions to be phased out as part of the exercise to reduce corporate tax rate to 25 per cent in four years.
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William D. Green
Chairman & CEO, Accenture