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CBDT to hold high-level tax collection meeting next week
Thu, Dec 18 2014. 07 00 PM

CBDT to hold high-level tax collection meeting next week

CBDT is scheduled to hold a video conference between members of the board and top officers of the tax department on 22 December
MRPL may get greater say in ONGC Petrochemicals plant
Thu, Dec 18 2014. 04 42 PM

MRPL may get greater say in ONGC Petrochemicals plant

Greater integration is expected to help MRPL raise refining margins and save tax
Supreme Court says mobile phone charger not part of phone
Thu, Dec 18 2014. 11 03 AM

Supreme Court says mobile phone charger not part of phone

Court rules that a mobile phone battery charger is an accessory to a phone, thereby subjecting it to a different tax rate
ITC shares rise 2% on reports of tobacco inclusion in GST
Thu, Dec 18 2014. 10 41 AM

ITC shares rise 2% on reports of tobacco inclusion in GST

Inclusion in GST’s realm will most likely keep tax rates lower for tobacco-based products, according to analysts
Tax department to house dedicated dispute resolution wing
Thu, Dec 18 2014. 12 23 AM

Tax department to house dedicated dispute resolution wing

Trained officials free of revenue targets will rule impartially on tax disputes, reducing the scope for litigation
India set to sign tax compliance Act with US by 31 December
Thu, Dec 18 2014. 12 22 AM

India set to sign tax compliance Act with US by 31 December

The move will be a major reprieve for Indian financial institutions dealing with US taxpayers
GST Bill gets Cabinet nod, likely in Parliament this session
Thu, Dec 18 2014. 12 04 AM

GST Bill gets Cabinet nod, likely in Parliament this session

Cabinet also approves recalculating incentives given to sugar mills, defers decision on real estate sector regulator
Inherited property held for 36 months is a long-term asset
Wed, Dec 17 2014. 04 38 PM

Inherited property held for 36 months is a long-term asset

Exemption from LTCG tax can be claimed by reinvesting gains in a residential house in India
Parliamentary panel for coordination of probe agencies under finance ministry
Tue, Dec 16 2014. 09 36 PM

Parliamentary panel for coordination of probe agencies under finance ministry

Panel says coordination among agencies such as RBI, SFIO, CBI and ED should be facilitated to deal with the menace of black money
Unlocking Japan growth potential looms as task for Abenomics 2.0
Tue, Dec 16 2014. 12 34 AM

Unlocking Japan growth potential looms as task for Abenomics 2.0

First up for Prime Minister Shinzo Abe’s next administration will be completing left-over fiscal measures

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