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Why does Apple have to pay Ireland $14.4 billion?The European Court of Justice has said that Apple had unduly benefited from unfair loopholes in Ireland's tax regime, and that the company ...- Explainer: Why does Apple have to pay Ireland $14.4 bn?Apple has been ordered to pay €13 billion ($14.4 billion) in back taxes to Ireland after losing a lengthy court battle with the European Un...
- Taxpayers slapped with unexpected notices for old tax demandsTaxpayers in India are receiving notices from the Income Tax department for old tax demands, some dating back more than 15 years, that have...
- Trump Organisation CFO pleads guilty in tax evasion caseJudge Juan Manuel Merchan agreed to sentence Weisselberg to five months' incarceration at New York City's Rikers Island jail complex, altho...
- No notice for AY14 to AY16 if untaxed amount less than Rs 50 lakh: CBDT's instructions to field officialsThe CBDT late Wednesday issued a detailed set of instructions to field officials in the light of the recent Supreme Court order. The apex c...
- Traders move to Nirmala Sitharaman over 40 lakh pending cases on bounced chequesIn a letter addressed to Finance Minister Nirmala Sitharaman, the Confederation of all India Traders (CAIT), has suggested the formation of...
- Data analytics showed disability pension benefits misused: CBDT ChairmanTaking to PTI, CBDT Chief PC Mody said the circular issued on June 24 was not a new directive but only in clarification to the stated polic...
- Budget 2018: Don’t do away with income tax, Mr JaitleyMany have advocated abolition of income tax in favour of a consumption tax. They argue that this would, at one stroke, eradicate both tax e...
- Smart things to know about taxation of investment under PMGKYPradhan Mantri Garib Kalyan Yojana will allow people to deposit previously untaxed money by paying 50% of the total amount.
- Slash stamp duty to clean up real estate sector: AssochamThe industry body said that the biggest beneficiary of the move would be buyers of residential or commercial properties.
- Black money: No enquiry in IT raids if stash declared in IDSThe govt, sometime back, had extended the deadline for payment of tax and penalty under IDS and allowed declarants to pay the amount in thr...
- Income Declaration Scheme: CBDT prepares 9 lakh special cases to confront taxpayersThe CBDT boss, to whom the Income Tax department reports, called the IDS a one-time opportunity given to black money holders to come clean.
- Government must build trust for compliance window success: Naina Lal KidwaiThe government needs to assure against any "witch-hunt" to make the compliance window under the new black money law a success and it's a "p...
- Black money compliance window: Declaration of overseas stash can be done onlineA digital signature authenticates electronic documents in a similar manner as a handwritten signature validates printed or hand-written doc...
- Black money compliance window: Income Tax department creates special office in DelhiI-T department has set up a special office in Delhi for those wanting to utilize the recently notified one-time black money compliance wind...
- Black money issue: Why taxing immovable assets held by Indians overseas is not easyCompared to extracting tax and penalties on funds lying with offshore banks, there is no easy way to decide the tax amount on these immovab...
- Automatic tax data exchange to hurt fund flows, say Swiss banksAll Swiss banks put together managed assets totalling over Rs 383 lakh crore at the end of 2012, out of which 51 per cent came from abroad.
- Query Corner: TaxationOur expert guides you in matters relating to tax. Email to etquerytax@indiatimes.com.
- Some in French list of having funds abroad pay Rs 135 cr in taxThe govt said some of the persons named in the French list of people having funds abroad given to India have voluntarily paid about Rs 135 ...
- No amnesty, but evaders may get another breatherThe UPA government is set to come up with schemes to unearth black money, but without offering amnesty.
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