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Parthasarathi Shome Committee Rsquo

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  News for Parthasarathi Shome Committee Rsquo

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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......

Why FIIs want short-term capital gains to be scrapped

FIIs fear short-term capital gains would give rise to tax uncertainty and make their operations difficult, reports Pavan Burugula from Mumbai. Abolishing the tax on short-term capital gains may......

How India lost Rs 50,000 crore in taxes

Agricultural incomes can be taxed without hurting farmers, as a substantial section — the small and marginal ones — will remain outside the tax net simply because their incomes are......

How the government plans to simplify the tax system

Ahead of the Budget 2016-17, Finance Minister Arun Jaitley on Monday said the government is looking into the recommendations of Parthasarathi Shome committee for simplifying tax administration.......

10 thoughts about India's economy for the coming year

Image: Dancers perform in Chandigarh. Photograph: Ajay Verma/Reuters   Parthasarathi Shome's take on  2016 through a looking glass A United Airlines BusinessFirst toilet bag brought in......

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