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Vikas Vasal

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Corporate India gets jittery over black money Bill

The Undisclosed Foreign Income and Assets Bill, popularly called the black money Bill, is making corporate India jittery. It feels certain provisions of the Bill are too stringent and could prevent......

Small businesses don't need to maintain book of accounts

Companies having a turnover of under Rs 1 crore can opt for presumptive tax scheme. If you’re running a small business, you can save the cost and hassles of maintaining book of accounts and......

Govt may relax LTC norms in Budget to boost tourism

In order to give boost to the tourism sector, the Budget is likely to expand the scope of LTA and LTC by including hotel and other expenses besides travel for the purpose of tax benefit. The......

Tax benefits, duty cuts top India Inc's Budget wish-lists

As the Budget day approaches, various sectors are lobbying hard for tax benefits and duty cuts while a few others want the government to ensure a stable and predictable taxation regime. The groups......

Foreign cos may be allowed to claim deduction on dividend tax

The government is contemplating tweaking tax laws to allow foreign companies claim deduction in home countries for the dividend tax paid by the subsidiaries in India. Some announcement in this......
  Web results for Vikas Vasal
Income tax returns to be less stringent

Finance Minister, Arun Jaitley is simplifying the income tax return (ITR) forms by doing away with certain disclosures that appeared far too... ...

http://www.sunday-guardian.com/business/income-tax-returns-to-be-less-stringent
CBDT to taxmen

NEW DELHI: In a bid to settle the row over Minimum Alternate Tax (MAT), all claims of relief under bilateral tax treaties will have to be settled... ...

http://economictimes.indiatimes.com/news/economy/finance/soothing-frayed-nerves-settle-mat-relief-claims-in-a-month-says-cbdt-to-taxmen/articleshow/47045088.cms
FIIs with tax pact shield may be exempt from MAT

Foreign institutional investors (FIIs) from countries with which India has double taxation avoidance agreements (DTAAs) that specifically exempt... ...

http://wap.business-standard.com/article/economy-policy/fiis-with-tax-pact-shield-may-be-exempt-from-mat-115042300031_1.html
Fearing new black money law, cos rush to comply

NEW DELHI: Indian companies that have foreign operations or web of subsidiaries in tax havens are rushing to tax practitioners to ensure that they... ...

http://economictimes.indiatimes.com/news/economy/policy/companies-roping-in-tax-professionals-to-avoid-black-money-trap/articleshow/46831168.cms
Pension fund equity play to outshine FII debut

Domestic pension funds required to make equity allocations for the first time this year are likely to contribute more to inflows than foreign... ...

http://wap.business-standard.com/article/markets/how-much-money-could-pension-funds-invest-in-equities-this-year-115040200244_1.html

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