India needs to honour tax treaties: Shome to NDTV
Sep 3, 2012
Abolishment of capital gains tax needed to revive sentiment: Shome
Sep 3, 2012
GAAR should be deferred for 3 years minimum: Shome panel
Sep 1, 2012
The Property Show: Budget home options in Bengaluru, Kolkata for Rs 30-35 lakh
May 28, 2012
Government announces norms for National Investment and Manufacturing Zones
Friday March 22, 2013
To promote manufacturing in the country, the government on Friday issued norms for setting up of National Investment and Manufacturing Zones (NIMZs) with host of benefits, including exemption from capital gains tax.
5 points to remember while selling your house
Friday February 8, 2013
The income tax department considers property to be an asset. Any profit you earn by selling it attracts a capital gains tax.
Buying a holiday home? Keep these points in mind
Thursday February 7, 2013
You are more likely to earn income on your holiday home if it's in a location that is preferred by all.
Rupee gains 93 paise to end at over 4-month high above 53-mark
Friday September 21, 2012
The rupee today gained a hefty 93 paise to close at over 4-month high of 53.45 on massive USD 430 million capital inflows, amid government lowering a tax for overseas borrowing by local companies and easing of recent political worries.
Finance Ministry rejects Vodafone's rejoinder on retrospective tax
Sapna Das | Tuesday July 10, 2012
The Finance Ministry has rejected telecom operator Vodafone’s rejoinder, seeking an undertaking that a retrospective tax amendment would not apply to it. The Finance Ministry’s reply will now go to the Prime Minister Office for approval. Under th...
Retrospective tax: 5 deals in litigation over capital gains
Vijay Ganeshan | Wednesday May 30, 2012
Vodafone Group's 2007 acquisition of Hutchison Essar may be the most high-profile capital gains tax case but there are others, too. Here are 5 cases that are in the courts.
GAAR deferred but new tax rule may keep foreign investors away
Sunday May 20, 2012
Foreign investors may be relieved over GAAR tax proposals being pushed back but a new taxation framework could make their India investments riskier. The proposals, that are a part of the Finance Bill, state that capital gains arising from the transfe...
Govt slashes capital gains tax for private equity investors
Monday May 7, 2012
India will slash the tax on long-term capital gains for private-equity investors to 10 per cent from 20 per cent, a finance ministry statement said on Monday.
Highlights of the Finance Bill: Amendments can't override tax treaties
Monday May 7, 2012
Pranab Mukherjee presented a number of clarifications in the Finance Bill for financial 2012-13. Here is a guide
Vodafone CEO meets Pranab, seeks tax exemption
Tuesday May 1, 2012
India wants Vodafone to pay capital gains tax on its deal with Essar, which the telco is opposing.
Finance Ministry may cut capital gains tax on private equity investments
Monday April 23, 2012
TRAI also recommends that spectrum to be assigned through auction shall be liberalized.
We will examine Vodafone notice, says Pranab
Wednesday April 18, 2012
The finance minister has said the government will examine Vodafone's notice seeking international arbitration in a tax-related case.
FIIs to pay capital gains tax under GAAR ‘impermissibility’
Monday May 7, 2012
FIIs that they have to pay short term capital gains tax on transactions that were deemed impermissible.
Panel report on direct tax code bill submitted ahead of budget
Friday March 9, 2012
The standing committee on finance, headed by Yashwant Sinha and comprising other members of Parliament, has submitted their report on the Direct Tax Code or DTC Bill to the Parliament on Friday. The report recommends, among other things, an increase ...
Cannot impose capital gains tax on Mauritius-routed funds: Govt
NDTV Correspondent | Saturday November 26, 2011
Amidst panic in the stock market over double tax avoidance treaty with Mauritius, government on Monday said India "cannot impose arbitrarily" capital gains tax on investment routed through the island nation. "How can you do that? There has to be some agreement on that. Right now, it is not t...