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INDIAN TAXMEN
Bye, treaty shopping, yeh Tiger zinda haiSupreme Court has declared that Tiger Global must fulfill its tax liabilities stemming from the sale of its Flipkart shares. This impactful...- Huawei's offices searched by taxmen in Delhi, Gurugram, BengaluruDuring the search, taxmen reportedly took a look at various company documents related to financial dealings. Theh company's senior India ma...
- Missing word ‘Crypto’ in law sets off alarmsBroad definition of ‘virtual digital assets’ could cover digital assets of multinationals
- MNCs, Indian tech companies spar over copyright tax“Indian companies that use imported software still want to continue withholding the tax at 10% but the latter claims that following the SC ...
- Multinationals and Indian companies spar over tax on copyright following Supreme Court rulingThe question is whether Indian companies that use, sell, or market software — directly or installed in cell phones, computers etc— should d...
- US, Indian taxmen put a question mark on Indian outsourcing businessTax experts say that while India would not have much in their control when it comes to the US policies, it could try and tackle the domesti...
- Promoters place trust in new tax havensIndian business houses are setting up family trusts in places like Malta and Dubai to keep their money safe.
- MNCs wary of sharing global details with Indian tax sleuthsMultinationals like Google, Facebook, Samsung and Apple would now be required to submit details about their global operations in India.
- Common man may find 12% GST rate on food items a bit hard to digestThe GST rate for AC restaurants with bar license is fixed at 18%, but there is no clarity on how much tax AC restaurants without the bars h...
- Storm over deal between SBI executives, taxmenThere was no noise about the deal until around the middle of April, when the revenue department noticed refunds of over Rs 20k cr during th...
- 5 FPIs file writ petitions against I-T department at Bombay HCForeign portfolio investors (FPIs) have locked horns with the government over taxing profit from sales of shares in India.
- Nokia staff to approach political parties in Tamil NaduThis raised doubts about whether the facility, which provides direct and indirect employment to 7,000, would be part of the Microsoft acqui...
- Chidambaram’s problem: Taxing investors, yet wooing MNCs for FDIFinance minister P Chidambaram seems to be convinced that it’s the Asian century, and no one can afford to ignore India.
- How can we get investor confidence back if taxmen treat businesses as per se shady?In his Budget speech on February 28, P Chidambaram declared that foreign investment was not a choice but an “imperative”. But the tax depar...
- MNCs like Nokia and Shell lash out at 'unacceptable' tax demandNokia accused tax officials of questioning employees for "intolerably long periods of time", even after they have fully cooperated with the...
- PriceWaterhouseCoopers faces Income-Tax heat for role in Nokia tax issueThe role of audit firm PricewaterhouseCoopers in relation to the alleged tax defaults by handset maker Nokia India is being probed by the t...
- GAAR: Guard against arbitrary action by taxmen, run its invocation past a juryGaar guidelines must ensure that such discretion is not used in an arbitrary manner. An independent jury should vet proposal to invoke Gaar...
- Unearthing Black Money trail: A tough task for taxmenAuthorities will find it difficult to connect the money parked in a Liechtenstein bank with the 20-odd men whose names have been shared by ...
- Institutes giving foreign degrees under tax scannerIndian institutes offering foreign degrees in collaboration with institutes overseas are under taxmen's lens.
- Taxman's brush with fine art of evasionTax evasion, some say, has become a fine art in India. So, it was perhaps a matter of time before fine art came under the I-T scanner.
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