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Parthasarthi Shome

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Use FDI to expand tax base: Shome

The government should look at foreign direct investment as an avenue for expanding the tax base, suggested Parthasarthi Shome, advisor in the office of the finance minister.Shome today suggested a......

Govt's tax measures not enough to resuscitate IT firms, say experts

Even as the income tax department has come out with a bunch of clarifications concerning the information technology sector in the last few months, this might be too little to assuage the......

There is case for RBI to cut interest rate: Rajan

Ahead of the annual monetary policy review of the RBI, Chief Economic Advisor Raghuram Rajan on Friday said there is a scope for interest rate cut as the core inflation has come down and there is a......

Vodafone case: FinMin seeks amicable resolution

The Finance Ministry is working towards an amicable resolution of the retrospective tax amendment issue that could provide some relief to British telecom giant Vodafone, which is facing a tax......

Final guidelines on GAAR in 20 days

The controversial guidelines on the tax General Anti-Avoidance Rules are likely be amended in 20 days, after considering Monday's final recommendations by the Parthasarthi Shome panel on the......

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