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PARTHO SHOME COMMITTEE
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.- Government notifies implementation of GAAR from April 2016India has said all investments made by foreign investors prior to August 2010 will not attract the controversial tax rules, the General Ant...
- Clarity on retrospective taxation of indirect transfers soon, says P ChidarmbaramP Chidarmbaram said the government would soon announce changes in the tax framework to bring about clarity on the retrospective taxation of...
- Vodafone case fear: Settlement with telco may invite charges of undue concessions, large demands of refundGovt fears that the settlement with telco may invite charges of undue concessions and large demands of refund
- ET Awards 2012: We can make a difference to the world if we do the right things, says PM Manmohan SinghWith over 400 CEOs in attendance at the ET Awards, PM Manmohan Singh spoke clearly and boldly about the need to keep pushing ahead on this ...
- Markets hoping for P Chidambaram to revitalise economyWhile the market is hoping that PC will move to cut subsidies on diesel and LPG, UPA's political will to bite the bullet will determine any...
- Widening fiscal deficit, high public spend inherited from Chidambaram: Bibek Debroy, Centre for Policy Research"I do not think anything is going to happen on FDI in retail or petroleum product prices but something on the GAAR can happen," says Bibek ...
- GAAR panel to also review retrospective amendment proposal to Income Tax ActThe committee set up to draft rules against tax avoidance has been asked to review a retrospective amendment to the Income Tax Act.
- Manmohan Singh sets up committee to review taxation of Development Centres and IT sectorThe Committee will engage in consultations with stakeholders and govt departments to finalise the Safe Harbour provisions announced in Budg...
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