Anti-avoidance Rules
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BJP, government defeat Left motion on GAAR in Lok Sabha
Finance Minister Pranab Mukherjee today firmly defended deferring implementation of the General Anti-Avoidance Rules (GAAR), which are aimed at preventing tax evasion and have led to fears that they would target foreign institutional investors. In his reply to the debate on the Finance Bill in the Lok Sabha, he said the deferral of the tax proposal...
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Parliament to debate Finance Bill today
Parliament is scheduled to begin debating the Finance Bill today and Finance Minister Pranab Mukhejee's reply to that debate in the House will be closely watched. Markets opened down and remained depressed through the morning on Monday as investors awaited clarity on the general anti-avoidance rule (GAAR) and other issues that will affect the coun...
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BJP, government defeat Left motion on GAAR in Lok Sabha
Finance Minister Pranab Mukherjee today firmly defended deferring implementation of the General Anti-Avoidance Rules (GAAR), which are aimed at preventing tax evasion and have led to fears that they would target foreign institutional investors. In his reply to the debate on the Finance Bill in the Lok Sabha, he said the deferral of the tax proposal...
-
Parliament to debate Finance Bill today
Parliament is scheduled to begin debating the Finance Bill today and Finance Minister Pranab Mukhejee's reply to that debate in the House will be closely watched. Markets opened down and remained depressed through the morning on Monday as investors awaited clarity on the general anti-avoidance rule (GAAR) and other issues that will affect the coun...
