I-T dept plans a different set of parameters to identify more people not paying dues properly.
Finance, oil ministry tussle over exports.
This time, Finance Minister P Chidambaram, who attended the first such retreat in 2008, would be present.
Looks at sovereign funds and Fortune 500 firms.
Tax department plans to link PAN with the bank account number to eliminate the scope of the amount being transferred to a wrong account number.
Allocation to be need-based, track record of the issuer to be considered.
Govt moves to bring in more clarity on definition of 'control'.
May emphasise that the country is back on the fiscal consolidation path by reining in fiscal deficit at 5.2%.
The official added though this would be the last batch of letters this year, more PAN card holders would receive such notices from the income tax department next year.
That bliss is set to end soon, with the finance ministry planning to make it mandatory for individuals and Hindu undivided families to report assets and liabilities in income-tax return forms.
Though academically well qualified, doesn't have enough experience, says the firm.
Separate investment limits have been proposed for life and health insurance premium.
Move seen as prelude to GST rollout; rules for Cenvat credit also likely to be simplified.
As part of Budget 2013-14 proposals, it is considering widening the scope of source-based taxation to more areas to improve reporting mechanism for transactions.
FM to meet states on Feb 14, approve key decisions.
Also being considered is Rs 50 lakh-1 cr taxable income bracket.
Despite lobbying by bourses, FinMin mulls tax to monitor the market.
To encourage investment, govt may instead offer investment-linked incentives.
Floor rate with a narrow band to be fixed.
Many fresh pass-outs of the CFP course are faced with up to a two-year delay and thousands of rupees in fees for realisation of their dream, following the notification of new regulations. Sebi notified the Investment Advisers Regulations, 2013, earlier this month.
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