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SEZ TAX EVADERS
Decriminalise GST law, slash personal income tax rates in Budget: CII to govtIndustry body CII has pitched for a reduction in personal income tax rates, decriminalisation of the goods and services tax and a relook at...
Budget expectations: Changes in GST, rationalization of import dutiesWhile changes in GST rates and procedures occur throughout the year after GST Council meetings, changes in its statutes are proposed only t...
Budget expectations: Changes in GST, rationalization of import dutiesWhile changes in GST rates and procedures occur throughout the year after GST Council meetings, changes in its statutes are proposed only t...
Robust growth in corporate profits, rapid formalisation of economy are lifting India’s tax collection to record levelsEY India’s analysis shows that revenue from corporate income tax (CIT) jumped by 21% in April-October FY22 compared with the pre-pandemic A...
Income Tax notice slapped on Nirav ModiIn January 2017, the I-T department had conducted searches at 50 offices and residential premises of Nirav Modi and had seized cash jewelle...
HC directs TN to rethink Nokia sales-tax demandHearing the Nokia appeal against the Rs.2,400 crore tax notice, the court directed the company to pay 10 per cent of the tax claim in eight...
- Revisit SEZ policy to prevent misuse: Parliamentary panel
A Parliamentary panel today suggested the government should revisit the special economic zone (SEZ) scheme to plug loopholes and prevent it...
- Public Accounts Committee calls for penal deterrent for SEZ tax evaders
The Public Accounts Committee has called for deterrent penal provisions against units in Special Economic Zones which evade/default duty pa...
Budget 2012: Balancing growth & tax burden keyThe tax system must continue to provide the revenues required to finance the investment in physical and social infrastructure that is essen...
IT-ITeS industry: Rising gap between policy and implementationForget proposed hostile US legislation, our own government is taking the knife to the IT-ITeS industry.
- IT-ITeS industry: Rising gap between policy and implementation
Forget proposed hostile US legislation, our own government is taking the knife to the IT-ITeS industry.
- There is no question of amnesty for tax-evaders , says Income Tax chief
Tracking evaders and making life simpler for the taxpayer is Central Board of Direct Taxes chairman Sudhir Chandra’s key focus area.
- Budget 2011: Tax reform beats tax lobbies
Pranab Mukherjee has presented a few commendable proposals on direct taxes to enable a stable tax regime.
- CBDT plans new measures to boost tax mop-up
CBDT will take a close look at advance tax collections, scrutinise companies that enjoy tax holidays, carry out searches and even reopen ce...
- Tax sleuths put cos setting up SEZ arms under scanner
Income-Tax department is scrutinising cos that have set up subsidiaries or units in SEZ after it found that many of these firms were using ...
- Satyam Scam: Raju routed cash via Mauritius?
Mauritius, which has over the years been a conduit for investments into India, has come under spotlight in the Satyam probe. Satyam: Full C...
- I-T sleuths raid Rajdarbar Gutkha premises
The IT department has conducted searches at business and residential premises of a prominent gutkha manufacturer in the national capital an...
- Tax the rich, says Citu’s Budget wishlist again
Reflecting the tone of the Left wishlist for the Budget, CPM’s trade union wing, Citu, is toeing the familiar ‘tax the rich’ line. In finan...
- Decision on Essar Hazira SEZ next week
The fate of the Essar SEZ in Hazira, under finance ministry lens for alleged flouting of SEZ rules, will be decided next week when the boar...
- I-T to scrutinise SEZ, industrial park returns
Special economic zones (SEZ), industrial park scheme and some other schemes that provide for tax exemption have come under income-tax scann...