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Vikas Vasal Partner Tax Kpmg

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Some tax treaties could be overridden by GAAR

GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore. The finance ministry sent positive signals to foreign portfolio investors on Friday by......

Govt may cut corp tax by 1% in Budget FY17

In the next Budget, it would be a challenge to do away with exemptions. Finance Minister Arun Jaitley is likely to slash corporate tax rate by about one per cent and may put an end date for certain......

Raise I-T threshold for TDS deduction: Easwar panel

The draft report of the committee contains 27 suggestions for amendments under the I-T Act and eight for reform through administrative instructions. A high level panel on simplification of income......

Inflation under check in 2015? Not quite!

  While onion prices again brought tears to the eyes of consumers, prices of tur dal touched record high levels above Rs 200 a kilogram. When it comes to inflation, the year 2015 has shown......

Black money: Action time now, warns Centre

With easy compliance window over for new law, FinMin looks at info, leads to nab black money holdersWith the three-month window for escaping prosecution and penal provisions of the stringent law on......

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