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PARTHASARTHY SHOME
TARC not in favour of tax amnesty to unearth black moneyHeaded by tax expert Parthasarthi Shome, the TARC has recommended that taxpayers should not be encouraged through tax amnesty schemes.
Parthasarathi Shome against retro amendment of tax laws to raise revenueFinance minister's adviser Parthasarathi Shome has said the government should not go in for retrospective amendment of tax laws to raise re...
IT industry raises service tax, TDS issues with Shome panelThe committee, headed by the adviser to FM Parthasarthy Shome, was set up by the government last month to address tax-related issues that a...
Vodafone representatives meet Revenue Secretary, tax officials in a bid to resolve tax issueVodafone India's MD and CEO Martin Pieters and non- executive chairman Analjit Singh held discussions with Revenue Secretary Sumit Bose and...
Finance Ministry is working towards amicable resolution of Vodafone caseThe revenue department, it is learnt, will soon be sending its reply to the representation made by the Vodafone.
Parthasarathy Shome joins team P Chidambaram in tax reforms push'Parthasarathy Shome has been appointed as Adviser to Finance Minister, in the rank of Minister of State, co-terminus with the period of of...
- GAAR framework aimed at boosting investor confidence
GAAR framework has been prepared keeping in mind the need to instil confidence among investors, tax expert Parthasarthi Shome said.
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...
There was no pressure to defer GAAR: Parthasarthi ShomeThe Parthasarthi Shome committee has taken a big step in addressing the tax proposals included in the budget, suggesting that GAAR be defer...
Government mulls steps to lure FIIsGovt is mulling measures to remove irritants for foreign portfolio investors in a bid to attract long-term investors who are less concerned...
PM sets up committee to frame GAAR guidelines by September 30PM Manmohan Singh has set up an expert panel to finalise the controversial General Anti-Avoidance Rules, effectively taking the process out...
- Finmin calls for fresh look at DTA
The finance ministry has sought a fresh look at the double taxation avoidance treaties that New Delhi has inked with many countries to make...
- Finance Ministry favours moderate income tax rates
The Finance Ministry appears to be favourably inclined toward moderating income tax rates in view of the over 40 per cent growth in direct ...
- Finance Ministry calls for fresh look at DTAs
The Finance Ministry has sought a fresh look at the double taxation avoidance treaty that New Delhi has with many countries so as to make i...
- Govt working on ways to cut exporters' tax burden
The Commerce Ministry is understood to be working on a formula to compensate exporters in the wake of an appreciating rupee impacting their...
- National platform for tax info exchange on cards
The government will soon unveil a national platform for information exchange between all tax departments - direct and indirect -at central ...
- GST rate won't pinch masses: Shome
The government, which is working on the road map for the rollout of the unified tax in 2010, is likely to keep the GST rate moderate, repor...
- I-T to continue with Form 2F
Form 2F, the new income tax return form for the salaried class, is here to stay. The form will continue, but the government was open about ...
- FM, VAT panel to work out compensation package
Union Finance Ministry and VAT panel will try to iron out their differences over a compensation package in a week's time to enable states t...
- Sectoral, area-based tax breaks may go
Budget 2006-07 could see the end of a number of sectoral and area-based exemptions that have been used by India Inc as significant tax shel...