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FIIs want amendment to tax law to be retrospective
Thu, Mar 05 2015. 01 30 AM

FIIs want amendment to tax law to be retrospective

Investors feel that prospective application of amendment will prolong litigation with tax department
Lok Sabha passes key insurance, coal bills
Thu, Mar 05 2015. 12 09 AM

Lok Sabha passes key insurance, coal bills

Bills must now be passed in Rajya Sabha—where NDA is in a minority—before they becomes law
Insurance bill tabled in Lok Sabha amid opposition
Wed, Mar 04 2015. 01 27 AM

Insurance bill tabled in Lok Sabha amid opposition

Opposition members contend that Lok Sabha has no legislative competence as a similar bill is pending in the Upper House
Centre allocates over Rs15,000 crore to states as CST compensation
Wed, Mar 04 2015. 01 16 AM

Centre allocates over Rs15,000 crore to states as CST compensation

Govt aims to get the constitutional amendment bill necessary for the rollout of indirect tax regime approved
Government to focus on reducing tax litigation
Tue, Mar 03 2015. 11 44 PM

Government to focus on reducing tax litigation

Govt will also clarify on indirect transfer provisions which will help avoid litigation such as the case involving Vodafone
PSU bank dividends will be returned as capital infusion: Hasmukh Adhia
Tue, Mar 03 2015. 02 53 PM

PSU bank dividends will be returned as capital infusion: Hasmukh Adhia

Banks that do not meet efficiency criteria set by Centre may have to look at shrinking balance sheets, says secretary, department of financial services
RBI, govt formalize inflation target
Tue, Mar 03 2015. 01 29 PM

RBI, govt formalize inflation target

RBI will look to contain consumer price inflation within 6% by January 2016 and within 4% for all subsequent years
Black money: Govt to provide short compliance window for tax evaders
Tue, Mar 03 2015. 08 42 AM

Black money: Govt to provide short compliance window for tax evaders

Revenue secretary Shaktikanta Das talks about tax administration, GST and Centre’s attempts to streamline corporate tax structure
Tax residency tweak may hit Indian firms with overseas operations
Mon, Mar 02 2015. 08 42 AM

Tax residency tweak may hit Indian firms with overseas operations

Foreign subsidiaries may now have to pay tax both in India and the country of their operations
Govt to push bank reforms, may encourage mergers
Mon, Mar 02 2015. 08 40 AM

Govt to push bank reforms, may encourage mergers

The government is also reviewing its practice of signing MoUs with banks at the start of the year

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