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...
07 Dec, 2012, 02.36 AM IST
Shome committee recommendations on GAAR being examined: Govt"The recommendations of the Committee are under examination by the Govt," Minister of State for Finance told.
22 Nov, 2012, 04.52 PM IST
- Parthasarathi Shome panel submits report on taxing indirect transfers
Finance minister P Chidambaram has already made it clear that Vodafone’s tax matter would be decided after considering all aspects includin...
01 Nov, 2012, 05.30 AM IST
Tax authorities miffed at Shome Panel's reportsThe tax authorities are likely to oppose most of the conclusions of two panels, both headed by tax expert Parthasarathi Shome.
24 Oct, 2012, 05.00 AM IST
GAAR: Parthasarathi Shome committee’s report cardThe Parthasarathi Shome committee submitted its much awaited report on 'Retrospective amendments relating to indirect transfers' on Tuesday.
15 Oct, 2012, 05.58 PM IST
- Don't use anti-tax avoidance measures to raise revenue: Parthasarathi Shome
Anti-tax avoidance measures like GAAR should be used sparingly and not to raise revenue for the government, said Parthasarathi Shome.
11 Oct, 2012, 08.14 PM IST
Karmik justice for Vodafone? Government might roll back retrospective amendment on indirect transfersHowever, retrospective application of tax laws should never be used to expand the tax base as is the case in respect of taxation ofindirect...
11 Oct, 2012, 06.00 AM IST
Shome panel votes against retrospective tax on indirect transfer of assetsShome panel has recommended that an amendment to the income-tax law seeking to tax indirect transfers of Indian assets should apply prospec...
11 Oct, 2012, 04.21 AM IST
Final view on retro tax amendments by November 15: Finance MinistryThe government is likely to take a final view by November 15 on the Shome panel report, which had favoured prospective application of tax l...
10 Oct, 2012, 08.09 PM IST
GAAR: Certainty is important to any investor or taxpayer, says Parthasarathi Shome"Our focus has been on the technical aspect and what is the correct basis for taxation and the whole report has been developed on that basi...
10 Oct, 2012, 10.37 AM IST
Government to address retrospective amendment to Income Tax issue before BudgetGovernment today said that it will not wait for the Budget, which is due in February, to address the issues concerning retrospective amendm...
08 Oct, 2012, 03.33 PM IST
Shome panel's suggestions pave way for settlement in Vodafone tax issueThe Shome panel has suggested interest and penalty should be waived in all cases where tax is collected, citing the amendment of the IT Act.
02 Oct, 2012, 10.41 AM IST
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...
30 Sep, 2012, 01.17 PM IST
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...
21 Sep, 2012, 03.45 PM IST
- Vodafone decision will be taken by IT dept post GAAR report: P Chidambaram
Finance Minister P Chidambaram today said the Income Tax Department will take a decision on the Vodafone taxation issue after the Shome Com...
17 Sep, 2012, 09.36 PM IST
No rash action in Vodafone case: P ChidambaramFinance Minister P Chidambaram today said there will be no "rash" action in Vodafone tax case and the matter will be decided after consider...
03 Sep, 2012, 04.44 PM IST
- PM panel on GAAR has begun consultation process: Parthasarathi Shome
Prime Minister-appointed panel on GAAR has begun consultations with the stakeholders to fine tune and bring greater clarity in the draft no...
27 Jul, 2012, 02.14 AM IST