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The big hits and misses from Modi's cabinet

Eighteen months into the National Democratic Alliance’s term, rumours about a ministerial reshuffle between the winter and budget sessions of Parliament are everywhere. I don’t buy it......

The one thing Chidambaram is terrified of

P Chidambaramwatches my waddling progress from the gate of 19, Safdarjung Road in Delhi to his sitting room and asks how I had come. "On my scooter," I say, panting ever so slightly. "It's parked......

Jharkhand has more POTA detenues than J&K!

It is a law that the Atal Bihari Vajpayee government had claimed would be the best solution to tackle terrorist activities in the country.Ever since the Prevention of Terrorism Act, or POTA as it......

FinMin to hear industry groups' tax issues every Wednesday

Industry groups can directly put forth tax related issues before a high level committee headed by Parthasarathi Shome, advisor to the Finance Minister, every Wednesday beginning August 7. The......

Waive interest, penalty in retro tax changes: Shome

In a recommendation that could provide relief to firms like Vodafone, a government-appointed committee on Tuesday favoured companies facing tax liability following retrospective amendment to the......

GAAR recommendations boost markets

Markets have opened on a positive note after the expert committee headed by Partahsarathi Shome on General Anti Avoidance Rule recommended postponement of the controversial tax provision by three......

Market sees sunshine as GAAR clouds disappear

The festive season could come early for the markets, as experts say the Parthasarathi Shome committee report on General Anti-Avoidance Rules (GAAR) is just what the doctor ordered for boosting......

Why FIIs want short-term capital gains to be scrapped

FIIs fear short-term capital gains would give rise to tax uncertainty and make their operations difficult, reports Pavan Burugula from Mumbai. Abolishing the tax on short-term capital gains may......

Konkona launches her first directorial venture

The latest updates from Bollywood. Image: Gulshan Devaiah, Tanuja, Konkona Sen Sharma and Kalki Koechlin. Photograph: Pradeep Bandekar After proving her mettle as an actress, Konkona Sen Sharma......
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Gearing up for GAAR

The Government should take concrete steps to ensure that it does not become a tool of harassment The stage is set for General Anti Avoidance... ...

http://www.thehindubusinessline.com/opinion/gearing-up-for-gaar/article9488078.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Tax department circular on indirect transfer put on hold

NEW DELHI: The government put on hold a controversial circular on the taxation of indirect transfers of Indian assets and may amend the income tax... ...

http://economictimes.indiatimes.com/markets/stocks/news/tax-department-keeps-in-abeyance-circular-on-indirect-transfer/articleshow/56630137.cms
Right time for path-breaking Budget

The ongoing drive to bring more money under the tax net must be continued by promoting cashless transactions Budget 2017-18 will be... ...

http://www.thehindubusinessline.com/opinion/government-must-promote-cashless-transactions/article9485504.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Tax policy in the time of demonetisation

Arun Jaitley will be presenting a very unique Budget in the aftermath of demonetisation which struck the economy like a bolt from the blue. All are... ...

http://www.thehindubusinessline.com/opinion/tax-policy-in-times-of-demonetisation/article9476732.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Budget 2017 will not postpone GAAR

MUMBAI: The General Anti-Avoidance Rule (GAAR) provisions will apply from the financial year 2017-18 without any further deferral, despite lobbying... ...

http://economictimes.indiatimes.com/news/economy/policy/budget-2017-will-not-postpone-gaar/articleshow/56436947.cms

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