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FINANCE ACT 2012
Quote of the day by Dwayne Johnson: 'Wake up determined. Go to...' Life lessons on success, hardships, achievement and struggle by American professional wrestler 'The Rock' and Hollywood actorQuote of the Day by Dwayne Johnson highlights the importance of daily effort, discipline, achievement, struggle, and personal growth. The q...- West Bengal's electronics factory push; Fed jitters hit TCSWest Bengal is exploring ways to expand electronics manufacturing under EMC 2.0. This and more in today's ETtech Top 5.
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- Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
- ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
- The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflo...
- Rajpal Yadav's cheque bounce case sees a new twist: 'Dhol' actor says 'ye 5 crore ka masla hota to 2012 me nipat jata'Rajpal Yadav, who recently went to jail in a cheque bounce case, said he was sent to jail not because he couldn't pay the money but because...
- CBI registers fresh case against Reliance Communications, Anil AmbaniThe CBI has registered a fresh case against Anil Ambani and Reliance Communications for allegedly causing a loss of ₹3,750 crore to Life In...
- Vodafone files for retro tax settlement with IndiaCairn Energy and all the other companies covered by the retrospective tax had already applied for settlement with the Income Tax department...
- Lok Sabha passes taxation amendment bill, scrapping of retro tax lawIn 2012 the Supreme Court ruled that such income is not taxable under the existing provisions of the income tax Act. Consequently, the Fina...
- Lok Sabha passes tax amendment bill, will help settle disputes with Cairn, VodafoneScrapping of retro tax clause of Finance Act 2012 will now settle the long-drawn litigation with Vodafone Group and Cairn Energy omitting a...
- Infrastructure consulting firms demand exemption from service taxConsultants are being forced to pay service tax within 30 days of issuance of invoice itself and delayed payment further attracts "huge int...
- Tax dispute: Govt can recover dues from Vodafone, advises Attorney GeneralThe law officer is reported to have given advice on a reference made by the then FM whose retrospective tax changes had drawn criticism fro...
- Vodafone tax dispute: I-T authorities to take action soonThe finance ministry has said I-T authorities will take appropriate action in the Vodafone tax dispute that could involve a potential Rs 20...
- Income Tax department to take appropriate action in Vodafone tax case: Finance MinistryThe I-T Department will take "appropriate action" with regard to a tax demand of Rs 11,218 crore from British telecom major Vodafone, Rajya...
- Service Tax to be levied on all services rendered from July 1Service tax will be levied on all services rendered for a consideration, except 17 specified services mentioned in what is known as 'the ne...
- Retrospective change in I-T Act may yield around Rs 40,000 croreRetrospective change in I-T Act to bring into tax net Vodafone-type deals is expected to yield exchequer Rs 35k to Rs 40k, govt said.
- Government tightens customs laws; makes offences cognizableGovt to tighten the customs law by taking away powers to grant bail for offences punishable with imprisonment of 3 yrs or more from customs...
- Union Budget 2012-13: Nobody wants mid-term polls, says Finance Minister Pranab MukherjeePranab Mukherjee in an interview with ET NOW says the major national parties do not want elections and through you, prospective investors m...
- Budget 2012: Look deeper into Finance Minister's big actThis year's budget was important to some like no other. ET on Sunday finds out what the budget had for each of the businesses.
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