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New income tax rules: Tax dept expands scope for filing of appeals by officials; how this can impact taxpayersTax experts advocate for a cautious "wait-and-watch" approach, emphasizing that the extensive list of exceptions introduced could potential...- Taxman's demand for PAN details of key people puts FPIs in a spotThere are also data privacy concerns since these foreign nationals would have to provide their personal documents as a part of the Know You...
- Users stuck as glitches plague new I-T portalA day after the launch, finance minister Nirmala Sitharaman took cognisance of the various grievances pouring out on social media and passe...
- India readies GIFT for Hong Kong investorsGovt mulling steps to make IFSC in Gujarat attractive for investors moving out of Hong Kong.
- Tax sop to be boon for SBI in Yes Bank rejigSBI’s executive committee approved of this purchase in mid-March.
- Foreign funds reluctant to disclose ultimate beneficial ownersRegulatory experts ET spoke to indicated that the new regulation is a tricky terrain, and Sebi and investors may have to sit together to fi...
- Mauritius revises tax credit rules for foreign cosTax outgo unchanged, firms need to give more evidence to prove they aren’t post-box entities.
- Companies worried over tax fallout of draft norms for overseas armsWhile the concept of place of effective management was introduced by the Finance Act, 2015, the draft guidelines have been issued only rece...
- Banks will need RBI licence, capital of $20 mn to operate in GIFT cityThe regulator has exempted them from reserve and mandated lending requirements and allowed banks to trade in all types of derivative and st...
- FM Arun Jaitley, Sebi to discuss Gujarat International Finance Tec-City normsBy March end the Reserve Bank of India is expected to come out with rules for bank outfits that accept dollar deposits and participate in l...
- Centre decides to push insurance, coal reforms through President's seal following House hurdlesFinance Minister Arun Jaitley said the ordinances demonstrate the firm commitment and the determination of this government to reforms.
- Insurance industry hails Budget 2014 proposal of raising FDI cap to 49%"The insurance companies were waiting for this relaxation and now this will encourage companies to enter the capital markets."
- Top twenty trading ideas from experts for rangebound marketsMitesh Thacker has a sell call on IFCI and Ambuja Cements, while Sandeep Wagle is bullish on DRL and Coal India.
- FATCA fear: RBI to draft agreement that Delhi can sign with WashingtonThe Foreign Account Tax Compliance Act, due to come into force from January 1, proposes a 30% withholding tax on any payment made to a fore...
- Inheritance tax, if brought again, may hit India's global ambitionsEstate duty was payable by the executors of the estate of a deceased under the Estate Duty Act, 1953, till June 16, 1985, after which it wa...
- Exempt exempt tax will hit tax payers hardIn the absence of comprehensive social security schemes in India, Exempt exempt tax will be a body blow. Schemes with tax benefit | DTC: Ho...
- Double-shooters target dividend and ruleOver the years, dividends have moved from one end of the tax spectrum to the other. This time around there is a clamour for the elimination...
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