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FOREIGN TAX DIVISION
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...- South Korea labour minister calls on tech firms to share excess AI profits with suppliers, staffIn an interview, Kim Young-hoon told Reuters that companies like Samsung Electronics that outperform profit targets should consider sharing...
- Bad weather forces LoP Rahul Gandhi to cancel Almora visit; addresses rally via phoneRahul Gandhi's helicopter visit to Almora was cut short by bad weather. He later addressed a rally by phone. Gandhi criticized the central ...
- Samsung’s $416,000 chip worker bonuses may reshape labour battles in South KoreaSamsung Electronics has agreed to a significant bonus deal with its union, a move that could reshape wage bargaining in South Korea. Memory...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- High Court says no to 'coercive action' against IndiGoThe Delhi High Court has stopped the GST department from taking action against IndiGo's parent company. This is regarding a ₹458 crore GST ...
- Laurus Labs adds Rs 40,150 crore to investors' wealth in a year with 120% rally. Buy, hold or book profits?Laurus Labs has significantly boosted investor wealth, adding over Rs 40,000 crore in a year with a 120% stock rally. Driven by business im...
- South Korea stocks gyrate as top aide floats AI ‘dividend’South Korea is considering a 'Citizen Dividend' from AI profits. A top policymaker proposed using excess tax revenue to benefit all citizen...
- PM Modi dismisses media report on possible tax on foreign travel as ‘totally false’Prime Minister Narendra Modi has strongly refuted media reports suggesting a new tax on foreign travel. He stated there is absolutely no tr...
- At Samsung, the global AI boom spurred a looming strike and deep divisionsA major strike looms at Samsung Electronics over AI boom profits. Over 45,000 workers demand fair bonus distribution. The dispute could dis...
- Gold discounts in India hit record at $200/ounce as duty hike sparks sellingIndia's gold discounts hit a record over $200 an ounce Wednesday. This followed a sharp import duty increase to 15%. Higher local prices pr...
- Bombay HC quashes Rs 1,524 crore proposed GST demand on Tata Sons in Docomo arbitration payout caseThe Bombay High Court quashed a Rs 1,524 crore GST demand against Tata Sons, ruling that payments made to NTT Docomo as an arbitration awar...
- Tax dept to submit info exchange request a month in advanceThe foreign tax division has said that Exchange of Information (EoI) requests in time barring cases should be made one month before the tim...
- India likely to sign FATCA pact in early July: Finance Ministry officialIndia is likely to sign the inter-governmental pact for the US tax compliance law FATCA early next month, a government official said here t...
- Swiss accounts row: India seeks details on foreign entities tooIndia's tax authorities have also sought details from Switzerland for information on some foreign entities, mostly based in tax havens.
- Finance Ministry to invite scholars to deliberate on international tax issuesThe Finance Ministry has decided to invite scholars to get fresh ideas in the emerging areas of international taxation and transfer pricing.
- Vodafone effect: Taxmen to seek Supreme Court advice on foreign bank accounts of IndiansUnder the circumstances, senior functionaries in the tax office and the ministry think that it may be appropriate to seek the court's view ...
- Black money: Government doubles strength of foreign tax division in Finance MinistryThe Ministry recently gave approval for creating a new unit in the Foreign Tax and Tax Research (FT and TR) division under the CBDT.
- SC admits I-T dept appeal against HC’s relief to SETThe Supreme Court on Friday admitted an appeal by the Income Tax department against the relief given to Sony Entertainment Television by th...
- MNCs may have to shell out Rs 12k cr in I-TThe Income-Tax department intends to collect Rs 2,000 crore more this year from multinational corporations operating in India.
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