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S S PALANIMANICKAM
- Reports on black money estimates likely by April-end: Finance MinistryThe government has commissioned a study, inter alia, on estimation of unaccounted income and wealth both from inside and outside the countr...
Govt to go ahead with divestment in four companiesMinister of state for finance, SS Palanimanickam, said on Friday that the government has Cabinet approval for 10.82% stake sale in SAIL.- SAIL, NALCO, MMTC stake sale in current fiscal: Finance MinistrySo far, the government has raised Rs 11,458 crore though disinvestment in NTPC, Rs 3,141.51 crore from Oil India and Rs 5,973 crore from NM...
- No specific instance of terror funds into realty sector: S S PalanimanickamThe government today said "no specific instance" of flow of terror funds into the real estate sector has come to its notice.
- Direct Tax collection at Rs 4.93 lakh crore in 2011-12Government said it has collected over Rs 4.93 lakh crore as per provisional estimates from direct taxes during the 2011-12 fiscal.
- 'Received info on money held in overseas bank accounts'The government has received a number of cases of information relating to money held in foreign bank accounts, MoS for Finance S S Palaniman...
- Government collects Rs 1.14 lakh crore excise duty till Jan 2012The government has collected about Rs 1.14 lakh crore in central excise duty till January this year.
- ONGC disinvestment process successful and satisfactory: S S PalanimanickamThe government has said that method for dilution of its stake in public sector enterprises will be decided on case by case basis.
- 12 persons account for 90% of total income tax duesThe finance ministry today said income tax dues from 12 individuals, including stud-farm owner Hasan Ali Khan, account for 90 per cent of t...
- No plans to reduce taxes on petroleum goods: FinMinThe government today said that it is concerned about frequent hike in prices of petroleum products but does not plan to reduce taxes on oil...
- Government considering White Paper on black money, says MoS for finance S S PalanimanickamGovernment said it is considering coming out with a 'White Paper' on steps taken by it to bring back black money stashed in overseas accoun...
- No evidence to suggest rise in tax evasion: GovernmentThe government on Tuesday said there is no evidence to suggest any increase in incidence of tax evasion over the previous years.
- Government collecting data on I-T returns of political parties: Minister of State for Finance S S PalanimanickamThe government said the I-T Department is collecting information on tax returns filed by various political parties and would place it in Pa...
- Rs 200 cr tax notice to Delhi, Mumbai airport operators: Fin MinThe government on Tuesday said it has issued notices to operators of Delhi and Mumbai airports to recover service tax dues.
- Government for reviewing DTA with Mauritius for better tax infoThe government is working to review the Double Taxation Avoidance Convention (DTAC) with Mauritius to further strengthen its provisions.
- Govt explores scheme to bring back unaccounted overseas assetsThe government today said a committee has been formed to examine the possibility of a scheme to enable people to disclose information about...
- Govt to get new study conducted on black money: PalanimanickamThe government today said it will get a new study conducted on black money stashed by Indians within and outside the country by July next y...
- Direct Taxes Code to be implemented from April 1, 2011Union Minister of State for Finance S S Palanimanickam said the Direct Taxes Code would be implemented on April one, 2012.
- Govt lost Rs 71,255 cr on rebates, exemptions in FY'09: MoS FinanceThe government lost Rs 71,255 crore on tax rebates and exemptions awarded to corporates and non-corporates in the 2008-09 fiscal, Minister ...
- Over 30,000 cases in ITAT pending, 77% filed by taxmenITATs accross the country have 30,303 cases pending till June 30 this year.
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