Ambiguity looms large over the transactions by way of GAAR.

This was being routed through hawala channels to countries such as Dubai, Oman and Mauritius, and nations in the Middle East and Africa, it...

The announcement of the investigation comes as London and Brussels are mired in slow-moving negotiations over Britain's departure from the ...

"GAAR and POEM are here to stay... now there is no question of going back on it. GAAR has been postponed for last 5 years. We can't postpon...

All that fund houses want to know is whether investors pay taxes or have a tax residency in a country other than India.

"Industry in Punjab wanted to teach a lesson to SAD-BJP regime by voting against its candidates," FASII, President, Badish Jindal said toda...

The anti-tax evasion e-Trip system had faced stiff opposition from the industry, who said this will lead to harassment for the trade and in...

PM declared government will soon announce steps to stave off investors' fears ensuing from measures like anti-tax avoidance rule and retros...

PM Manmohan Singh said the government has dispelled the atmosphere of 'gloom and doom' and will soon announce steps to stave off investors'...

CBDT is believed to have favoured implementation of the anti-tax avoidance rules GAAR from the next financial year.

Anti-tax avoidance measures like GAAR should be used sparingly and not to raise revenue for the government, said Parthasarathi Shome.

Chief of Prime Minister appointed panel on GAAR Parthasarathi Shome today said ambit of consultations on the anti-tax evasion measures will...

"The meeting ended on a positive note. We are examining the concerns of FIIs. Our people are working on rules," finance ministry official s...

The finance ministry has bluntly told FIIs that it would not roll back the anti-tax avoidance framework proposed in the budget.

Those demanding the money stashed abroad back in India may get a boost from the stand of a grouping of rich nations, with OECD saying that ...

The Commercial Taxes Department of Madhya Pradesh has raided the factory and retail outlets of Top N Town, the ice-cream brand of Ramanis.

The Finance Ministry has favoured a hike in the limit on cash withdrawals from Rs 10,000 to Rs 25,000. If the proposal goes through, a 0.1%...