India has expressed concern over the hike in visa fee by the US, saying it is "discriminatory" and largely affects Indian IT professionals.
India and Singapore had in 2013 amended the DTAA to help exchange banking and tax-related information more effectively.
Besides higher tax outgo, P-note issuers are worried about operational difficulties
The absence of criminal legal treaties between India and tax haven nations have been cited by probe agencies working in the SIT on black money as one of the major impediments in initiating steps to bring back illegal funds stashed abroad by Indians.
The government may on Monday file an additional affidavit in the Supreme Court over the black money issue, stating clarification on its earlier stand of not revealing the names of those account holders who have deposited money in foreign banks.
Signing of the pact will hopefully end stock market uncertainty that came with the mention of the M-name
Facing flak over its decision to impose tax at the time of withdrawal on 60 per cent of the contributions to Employees' Provident Fund, the government on Tuesday clarified that only interest accrued on 60 per cent contribution to EPF after April 1, 2016 will be taxed.
After resisting for more than three years, the Centre on Tuesday revealed names of 18 persons in the Supreme Court who allegedly stashed black money with the LST bank in Liechtenstein and against whom prosecution have been launched by the Income Tax department.
The adjustment orders for AY2012, are expected between January and March 2016.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
The Guardian reported that accounts filed in Dublin showed that in 2009 Her Majesty's Revenue and Customs settled a dispute with the British telecoms provider over its Irish tax returns.
Hindi film industry hopes to get some tax relief from the upcoming Budget 2015-16.
Citing national security and confidentiality clauses, the Finance Ministry has declined to disclose information on exchange of correspondence among India, Swiss and German authorities in connection with the black money probe.
FM's proposal came under immediate attack from various employees unions
Elections may be a few months away, but the government may get into election mode much earlier than that, predicts A K Bhattacharya.
Real estate investment trusts may not be attractive enough.
Maharashtra raises vehicle registration fee, Tamil Nadu ups entertainment tax
The case relates to alleged wrong classification of mixed xylene
Foreign Direct Investment inflows from Mauritius have almost halved during April-January period of last fiscal to $4.11 billion on fears of impact of GAAR and possible re-negotiation of the tax avoidance treaty.
It's an undeniable fact that after enactment of GST, buying insurance will become a little expensive impacting your term plans, health plans and motor insurance plans the most. But you should not ignore the importance of insuring your life, health, vehicle, says Harjot Singh Narula
Prime Minister Narendra Modi on Saturday arrived in Ulan Bator on his historic visit to Mongolia to hold talks with the country's leadership to bolster economic and trade cooperation, including in transport, highways and energy sectors.
With audits and greater emphasis on anti-evasion measures, more tax demands will lead to more litigation. So, it is a bit early to start celebrating. GST is still work in progress.
The EPFO has about 3.7 crore (37 million) members.
In the first of a three-part series Paranjoy Guha Thakurta details the salient features of the Undisclosed Foreign Income and Assets (Imposition of Tax) Act, 2015.
The government has stated that it will make all efforts to bring back illicit wealth parked by its citizens in foreign jurisdictions.
Many requests are pending with the Swiss authorities.
The Mutual Logistics Support Agreement will allow militaries of the two countries to use each other's bases for repair and replenishment of supplies besides facilitating scaling up of overall defence cooperation.
PM Modi and Rouhani inked nine pacts including a lease contract for a part of Chabahar port's operation for 18 months.
Want to know how to claim tax deduction on property income you earn? Do you know how to withdraw unclaimed EPF money?
Introduction of GST would make Indian products competitive in the domestic and international markets.
There was no law that prevented the government from presenting a sixth full Budget, or something similar to it.
The scheme offers waiver of interest, penalty, and prosecution for settling tax disputes.
The black money law provides for tax and a penalty of 120 per cent of assets' value.
It has been in force since October 2011.
Food Corporation of India will be the nodal agency.
The Union cabinet on Wednesday approved the construction of National War Memorial and Museum near the famed India Gate in New Delhi.
Mercedes-Benz India, BMW India and Audi India have lined up over 50 new model launches as they seek to recoup previous year's loss in volumes, reports Shally Seth Mohile.
The case goes back to 2014, where the diamond merchant had pleaded guilty, though indirectly, for mis-declaration of exports of diamonds.
Database to contain taxable financial transactions and history of any tax-paying individual.
Under the amended treaty with Mauritius, for two years beginning April 1, 2017, capital gains tax will be imposed at 50 per cent of the prevailing domestic rate.
