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PARTHASARATHI SHOME PANEL
No respite for Vodafone as Arun Jaitley maintains status quo on past offshore dealsThe Supreme Court ruled in Vodafone's favour, but Pranab Mukherjee's 2012 Budget changed the language of law.- Small equity buys, business recast may stay out of retrospective taxThe Partho Shome committee has suggested a high threshold for taxing indirect acquisitions of Indian assets in deals executed overseas.
- Shome panel identifies issues to bring clarity on tax lawsFinance Minister P Chidambaram has discussed these issues and has taken final decisions to remove difficulties faced by tax payers, an offi...
- Tax Administration Reform Commission to submit its first report by May-endThe Tax Administration Reform Commission (TARC), announced in last year's budget, would submit its first report to the government by May-en...
- Government yet to decide on retrospective taxation issue: Parthasarathi ShomeThe government is yet to decide on the retrospective taxation issue, Parthasarathi Shome, adviser to the Finance Minister, said today.
- GST dispute resolution body to be set up: Parthasarathi Shome"A GST dispute resolution authority will be set up for settling issues arising out after its implementation across the country," Shome said.
- GAAR: Government studying Shome panel suggestionsThe retrospective amendments to the income tax laws had generated controversy as companies criticised the move.
- Recommendations on retro-tax laws under examination: GovernmentThe retrospective amendments to the Income Tax laws had generated controversy as several global companies criticised the move.
- Revised DTC Bill in the offingThe Parliamentary panel had suggested raising the annual income exemption tax limit to Rs 3 lakh as against Rs 2 lakh proposed in the origi...
- CBDT disagrees with Shome panel, wants GAAR from next fiscalCBDT is believed to have favoured implementation of the anti-tax avoidance rules GAAR from the next financial year.
- Parthasarathi Shome panel submits report on taxing indirect transfersFinance minister P Chidambaram has already made it clear that Vodafone’s tax matter would be decided after considering all aspects includin...
- GAAR panel likely to submit final report tomorrowThe Parthasarathi Shome panel, looking into the taxation issues relating to GAAR (General Anti-Avoidance Rules), is likely to submit its fi...
- Final GAAR report by end of the month: Parthasarathi Shome panelThe Shome panel, which is looking into the taxation issues relating to Gaar (general anti-avoidance rules), is likely to submit its final r...
- Delay GAAR by 3 years, retain Mauritius benefits, recommends Shome panelThe panel also advised against retrospective implementation of the controversial anti-tax avoidance rules, sources said.
- GAAR panel to submit draft recommendations by August 31Introduction of GAAR had triggered strong opposition by foreign investors following which its implementation was postponed till April next ...
- PM panel on GAAR has begun consultation process: Parthasarathi ShomePrime Minister-appointed panel on GAAR has begun consultations with the stakeholders to fine tune and bring greater clarity in the draft no...
- GAAR guidelines will be finalised by September 30 deadline: Parthasarathi ShomeThe guidelines on General Anti- Avoidance Rules (GAAR), aimed at checking tax evasion, will be finalised by the September 30 deadline.
- Will expand consultation process, says GAAR panel chief Parthasarathi ShomeChief of Prime Minister appointed panel on GAAR Parthasarathi Shome today said ambit of consultations on the anti-tax evasion measures will...
- FM's Advisor resigns ahead of BudgetAhead of the budget 2008-09, Parthasarathi Shome, Advisor to the Finance Minister, has resigned.
- FM & committee on VAT to lay a road-map for GSTFM & VAT panel are expected to lay a road-map for GST, scheduled to be implemented by 2009-10.
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