I-T heat on thousands of firms for unusual cash deposits.
March requires 20% jump to meet year's goal; CBDT chief tells staff to sweat it out to meet target
Rules for market infrastructure institutions such as stock exchanges, clearing corporations, and depositories have come under review by Sebi after five years.
As Centre cedes power to states in indirect tax, it wants to all ystaffers' worry of little work.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
U K Sinha's six-year tenure as chairman of Securities and Exchange Board of India ends later this week. Sinha held his last press conference in Mumbai on Monday, where he spoke on wide-ranging issues and his biggest regret.
Why self-audit by NSE, why weren't charges probed under your supervision, ministry asks regulator.
The exchanges have put in place systems which generate alerts on company-specific news in the media. And, then follow up with companies to verify the news.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
The department of economic affairs is said to be in discussions with various probe agencies, including the income tax department and the Enforcement Directorate, and bankers in drafting the final rules.
One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.
Bourses ask for okay in the 'permitted to trade' category; brokers and legal experts speak in favour.
Fresh PoEM guidelines will affect pharma, energy, automobiles, manufacturing and software companies.
Legal hurdle cited in I-T action against 32,000 entities.
Over 4 mn bank accounts could be dormant, suspects tax department.
The PMGKY will not allow declarants to use claims made for refunds for advance taxes paid, tax deducted at source and tax collected under the scheme.
Import growth moderated to a four-month low, owing to sharp decline in that of gold.
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.
Market regulator also announces measures for mutual funds sector.
A key demand is to reduce the dividend distribution tax on listed firms.
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