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.
The development is expected to pave way for greater transfer pricing cooperation between the two countries, enhance investment flow
At least 200 investors have to furnish financial statements
Expressing disappointment over the hike in repo rate by the RBI, India Inc on Friday said a rate cut by the bank would have helped ameliorate sentiments as businesses are "reeling" under a tight liquidity crunch due to high cost of capital.
Clarifies 'profit-split' will not be only method to compute tax
The size of corporate fraud in India almost doubled after 2009, and such cases also increased in number, said a report from Thought Arbitrage, a think tank in Delhi.
Consensus seems a problem before the current session of Parliament ends.
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
There will be higher charges for bank account-holders.
Cooperative societies get more tax benefits as compared to individual house owners.
The tax dept has served notices on about 36 foreign investors.
Recent easing of restrictions does not address the pain in the sector.
A handful of online retailers have started offering alcoholic beverages through the e-commerce route since then. Letsbuydrink.com caters to Delhi, Gurgaon, Faridabad and Mumbai and offers imported alcoholic beverages for sale.
Finance Minister Arun Jaitley takes a protectionist stance in favour of domestic companies, increases customs duty on certain products.
TRAI said that Internet service providers would not be allowed to discriminate on pricing of data access for different web services.
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
Firms with low promoter holding may get to buy shares from secondary market.
Instead of only government departments and state-owned undertakings, the CAG can now audit private companies, too.
It hopes to leverage the growing number of mobile transactions
Those taking up a job abroad should notify their bank about the change in status and open appropriate NRI accounts
Auditors have to be compulsorily changed by a company at the end of two five-year terms, say the new rules.
Taxpayers might face several issues while filing returns this year.
With filing possible only online, there is no scope for any error.
Two case studies on how one can use the exemption method or the credit route
At the moment, data and broadband is small for BSNL: it contributes 10 per cent of the company's revenue, though its share is on the rise.
Special Economic Zones are likely to be central to realising Prime Minister Narendra Modi's ambitious Make in India agenda.
Calculate the tax already paid via TDS, and accordingly arrive at your tax liability for the year.
Unless they have capital gains or assets abroad, most individuals will need to file ITR-1 or ITR-2A.
This taxation applies to all types of transfer of property.
Telecom Commission approves high base price of Rs 11,485 cr per Mhz for 700-Mhz frequency; no decision taken on proposed standard spectrum usage charges of 4.5%
It's not as easy to know how the funds were deployed and gauge the impact.
About 90% of divorce cases end as a fight about alimony.
Meeting the disclosure norms isn't very easy.