Tuesday November 25, 2014
The lawsuit, filed in a District of Columbia federal court, says the IRS entered into a contract this year with Quinn Emanuel Urquhart & Sullivan, which specializes in litigation. The agency is paying Quinn Emanuel more than $2 million in connection ...
Monday November 24, 2014
The Goods and Services Tax (GST) will subsume indirect taxes like excise duty and service tax at the central level and VAT on the states front, besides local levies.
India | NDTV.com | Monday November 24, 2014
The Narendra Modi government, which has promised big reforms in its first budget, is looking to push the Insurance Bill as well as the Goods and Service Tax Bill in the month-long winter session that begins today.
Indo-AsianNews Service | Monday November 17, 2014
Former president of FC Barcelona Josep Lluis Nunez, who is involved in the construction industry, was reduced from an original six-year sentence imposed by the provincial court for bribes to tax inspectors to not report irregularities in his accounts...
Wednesday November 12, 2014
Indirect tax revenues rose 5.6 per cent in April-October to over Rs 2.85 lakh crore, mainly on account of an increase in service tax and customs collections.
Wednesday October 29, 2014
The Reserve Bank of India (RBI) has allowed all urban cooperative banks (UCBs) to act as PAN service agents.
Diaspora | Indo-Asian News Service | Wednesday October 15, 2014
Four Indian nationals in Singapore were on Wednesday given jail terms ranging between three and four years for fraudulent Goods and Services Tax (GST) tourist refund claims of about $5,70,000.
Indo-Asian News Service | Monday October 13, 2014
The new email system is for "secure communication within the department and will ensure that no confidential information or data is stolen".
Wednesday October 1, 2014
DLF, India's largest realty firm, on Tuesday said it has not received any findings from authorities on alleged service tax evasion of about Rs 30 crore.
Sunday September 28, 2014
A case against DLF has been registered by the Directorate General of Central Excise Intelligence (DGCEI) for alleged non -payment of service tax over transfer of development rights to other firms, official sources said.
Diaspora | Press Trust of India | Thursday September 25, 2014
Four Indians in Singapore were charged in court today for bribing a custom officer and fraudulently claiming Goods and Services Tax tourist refunds.
India | Indo-Asian News Service | Sunday September 21, 2014
In a major step that will aid India track and recover black money stashed abroad, G20 finance ministers on Sunday agreed on allowing automatic sharing of all bank information with tax authorities at the end of each year, starting 2017.
Saturday September 20, 2014
The Goods and Services Tax (GST) regime aims at subsuming most of the indirect taxes at the central as well as state level. The UPA government in 2011 introduced a Constitution Amendment Bill in the Lok Sabha to pave the way for introduction of GST.
Cities | Indo-Asian News Service | Tuesday September 16, 2014
Villagers living along the Delhi-Gurgaon expressway on Monday regained their right to get exemption from paying toll tax for commercial vehicles as the authorities have opened special lanes dedicated to the locals.
South | Indo-Asian News Service | Monday August 25, 2014
Tamil Nadu Chief Minister J Jayalalithaa has urged the central government to decide on area-based tax incentives to Andhra Pradesh and Telangana in a way that would not render neighbouring states uncompetitive for investments.
Agence France-Presse | Wednesday August 20, 2014
Authorities are concerned that Uber's service will undercut the current market for taxis and that the company may evade tax if not registered legally.
Tuesday August 12, 2014
The Finance Ministry today said discussions with the state governments on Goods and Service Tax (GST) are in the final stages and its implementation will help improve transparency and efficiency.
India | Indo-Asian News Service | Friday July 25, 2014
Finance Minister Arun Jaitley on Friday said Prime Minister Narendra Modi's government was moving fast on bringing back the ill-gotten money stashed away by Indians in tax havens abroad.
Offbeat | Agence France-Presse | Friday July 25, 2014
A Latvian company's scheme to circumvent liquor laws by hiring out rather than selling alcoholic drinks backfired on Thursday when tax authorities pulled its license and launched an audit.
Sunday July 20, 2014
Over Rs 1 lakh crore of taxes were locked up in various stages of litigation in service tax and central excise at the end of March 2013, the Comptroller and Auditor General of India (CAG) has said.