Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Illustration: Dominic Xavier/Rediff.com Foreign private companies paid 24.36 per cent of......
The government on Friday announced that no tax will be charged on overseas spending of up to Rs 7 lakh in a year using debit or credit as it looked to douse backlash from its earlier decision of......
While the concerned property may be confiscated, a person indulging in such a transaction is liable to pay a fine up to 25 per cent of fair market value of the property For scores of chartered......
If fringe benefit tax makes a comeback in the forthcoming Budget, there could be some tightening of tax evasion When your company gives you performance-linked bonus in kind -- say a fully paid......
To save promoters from 10% levy, 70 firms call board meetings on interim pay. In the three days since the Union Budget, at least 70 companies have called board meetings to declare interim dividends......