Indian cos with foreign units fear domestic tax implicationsMany Indian companies with foreign subsidiaries whose directors or senior executives are stranded in India due to the pandemic are now worr...
29 Sep, 2020, 09.19 AM IST
Mauritius revises tax credit rules for foreign cosTax outgo unchanged, firms need to give more evidence to prove they aren’t post-box entities.
16 Jun, 2018, 10.14 AM IST
Budget 2018: Corporate tax tops the agenda of most foreign cos' boards, says Peter Bodin, CEO, Grant ThorntonIn a chat with ET, Peter Bodin talks about taxation and what India can do in the Budget to attract foreign direct investment.
01 Feb, 2018, 09.16 AM IST
- No withholding tax on foreign cos discounting subsidiary's bills
Foreign corporates with subsidiaries in the country are not subject to payment of withholding tax for financial services like discounting o...
25 May, 2011, 04.20 PM IST
- Foreign cos to seek tax clarity on investments via Mauritius
Foreign entities to move AAR as revenue dept levies tax on capital gains of Mauritius resident firms despite SC ruling.
03 Apr, 2010, 02.24 AM IST
- No tax on foreign cos if arm's length basis followed: ITAT
The Income Tax Appellate Tribunal (ITAT) has held that a foreign company is not liable to pay tax to Indian authorities if its domestic age...
09 Feb, 2010, 01.51 AM IST
- Foreign arms of Indian cos under tax net likely
The forthcoming budget may contain provisions for taxing the undistributed dividend of foreign corporations that are controlled or owned by...
05 Jan, 2010, 06.44 AM IST
- Tax shock for foreign satellite cos
A special bench of the Income-Tax Appellate Tribunal, New Delhi, held that fees paid by Indian broadcasting companies to foreign satellite ...
26 Oct, 2009, 12.31 AM IST
- Obama clamps down on offshore tax avoidance
President Barack Obama proposed to raise about $190 billion over the next decade by outlawing three offshore tax-avoidance techniques used ...
05 May, 2009, 12.10 AM IST
- ECBs to help exporters retire high-cost loans
The commerce dept will put forward the proposal in a meeting of CoS working on export sector incentives. The committee will also consider F...
29 Jan, 2009, 01.08 AM IST
Tax from foreign cos to be 20% lower this yearTax collection from MNCs and foreign entities operating in India will fall short of the target this fiscal by at least 20%.
28 Jan, 2009, 04.05 AM IST
- Treat foreign cos at par with domestic firms on taxes: FICCI
FICCI has suggested the government to make taxation laws in the country attractive enough for FDI and bring down tax rates for overseas fir...
26 Oct, 2008, 12.45 PM IST
- Higher tax for JVs with foreign cos, rules AAR
Joint ventures with a foreign entity could be treated as Association of Persons (AOP) and attract a higher rate of income tax applicable to...
09 Aug, 2008, 01.49 AM IST
- DTAA to prevent tax on dividend from foreign cos
The SC has upheld that dividend income received from a foreign firm is not liable for taxation when there is a DTAA with the country the fi...
28 Feb, 2008, 05.35 AM IST
- Govt likely to cut tax rates for foreign cos
The government is toying with the idea of lowering the tax rate of foreign companies to bring them on par with India Inc in the forthcoming...
15 Feb, 2007, 12.59 AM IST
- PSU bias in defence policy may end
Corporates worried over India’s defence procurement policy being import intensive and PSU friendly could expect some succour soon.
09 Feb, 2007, 02.51 AM IST
- Payments by local cos for foreign software in tax net
Periodic payments by local firms to overseas companies for the use of software will be subject to tax.
29 Nov, 2006, 01.30 AM IST