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PUNITIVE TAX RATES
NRI Talk| For a Rs 50 crore NRI portfolio, structure matters as much as stock selection: Tarun BiraniNRIs view India with cautious optimism, recognizing its long-term growth potential despite recent market flatness and rupee depreciation. D...- China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
- India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...
- RBI expected to hold policy rate, but surprise cut possibleThe Reserve Bank of India is widely expected to hold its key policy rate at 5.50% this Wednesday. However, some economists anticipate a sur...
- Congress accuses PM Modi of claiming “sole ownership” of GST reformsCongress has criticized Prime Minister Modi for allegedly taking undue credit for GST reforms, asserting that the changes remain insufficie...
- After popcorn, now turn of donuts to get afflicted by 'GSTitis': CongressThe Congress criticized the government's differential GST implementation, highlighting Mad Over Donuts' Rs 100 crore tax notice due to busi...
- Changes in GST must be more comprehensive than mere rate reduction: CongressFinance Minister Nirmala Sitharaman announced that GST rates will be reduced soon, prompting the Congress to call for a comprehensive GST 2...
- Need of hour radically-simplified, less-punitive GST 2.0: CongressThe Congress has emphasised that changes to the GST need to be comprehensive and not just limited to rate reductions. The party calls for a...
- New TDS/TCS regime from July 1 - are you ready?The new provision coming into effect requires both sellers and buyers to undertake due diligence w.r.t. tax return filing status of the oth...
- US to probe ‘Google tax’ among leviesIndia levies a 6% equalisation levy or the so-called ‘Google tax’ on foreign online advertising platforms to tax companies such as Google, ...
- 'Deficient' audit: IL&FS board sends show-cause notices to Deloitte arm, BSRRemoval of Deloitte arm as tax auditor is being seen as the first punitive action against auditors in IL&FS crisis.
- Hopes of leniency on Sin tax in budget send ITC stock higherAnalysts believe that tax increases this year may not be as steep as they previously were.
- Rs 50,000 crore goes up in smokeData from Bloomberg show a 16 per cent drop in the buy recommendations from analysts.
- Treat first 9 months under new tax regime as trial period: CAITThe Confederation of All India Traders suggested no punitive action be taken against businesses for procedural mistakes during the first ni...
- Government may rationalise MAT in Budget 2017MAT provisions, as they largely stand now, draw their genesis from the Finance Act, 2000, which introduced tax at 7.5% of book profits.
- Mop-up target under New Tax Amendment Law very ambitious: Ketan Dalal, PwC IndiaThe current scheme is for cash deposited whereas the other one is not just for cash but also includes unexplained jewellery, he says
- Simpler tax laws, low rate can help get more people to pay upThere is evidence to suggest that high taxes are counterproductive. Governments can’t ensure better compliance by modifying tax laws each y...
- Budget 2016: Government may be tempted to tweak service tax ratesThe government could be tempted to consider tweaking the service tax rates especially keeping in mind the expected standard GST rate of 17-...
- Budget 2014: Withholding tax at 5% on bonds issuances by all sectors is a welcome step, says Punit ShahFII capital gains taxation clarity and withholding tax at 5% on bonds issuances by all sectors is a welcome step.
- Expect ICICI Bank's margins to improve further: Punit Srivastava, Daiwa SecuritiesIf you notice last eight-nine quarters, we have seen a consistent decline in both gross and net NPAs for ICICI Bank.
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