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Dividend relief for firms abroad with local assets
Fri, Mar 27 2015. 12 17 AM

Dividend relief for firms abroad with local assets

Dividend payment by an overseas company with related assets in India will not be taxable in India, the govt says
Interest on NRE or FCNR accounts exempt from tax
Thu, Mar 26 2015. 06 56 PM

Interest on NRE or FCNR accounts exempt from tax

Interest earned on these deposits by persons resident outside India as per FEMA is exempt from taxes
This appraisal season, new rules for taxmen
Thu, Mar 26 2015. 12 11 AM

This appraisal season, new rules for taxmen

The move comes in an effort to provide a non-adversarial tax regime to encourage investments and economic growth
DYK: TDS may be levied on EPF withdrawals made within five years
Wed, Mar 25 2015. 07 13 PM

DYK: TDS may be levied on EPF withdrawals made within five years

It’s in your interest to keep the EPF account going and avoid withdrawing sums from it
5 tax matters to settle by 31 March 2015
Tue, Mar 24 2015. 06 50 PM

5 tax matters to settle by 31 March 2015

The current FY will end soon. Take a quick look at your tax matters and tie up all loose ends
Cairn Energy seeks compensation from India on tax demand
Tue, Mar 24 2015. 02 32 PM

Cairn Energy seeks compensation from India on tax demand

Cairn UK said it suffered due to an ‘unfair and arbitrary’ Rs10,247 crore tax demand raised using a retrospective tax law
RBI exchanges Rs 30,228 crore of securities
Mon, Mar 23 2015. 11 57 PM

RBI exchanges Rs 30,228 crore of securities

The transaction has been conducted on 20 March at Fixed Income Money Market and Derivatives Association of India (FIMMDA)/market prices
Government tables black money bill in Lok Sabha
Fri, Mar 20 2015. 11 24 PM

Government tables black money bill in Lok Sabha

The bill proposes up to 10 years of jail for concealing foreign assets and income and evasion of tax
CAG blames I-T dept for Rs1348 crore tax loss in pharma sector
Fri, Mar 20 2015. 09 56 PM

CAG blames I-T dept for Rs1348 crore tax loss in pharma sector

I-T dept allowed firms to claim benefits on R&D expenses without verification, while AOs allowed expenses on freebies and gifts to doctors, says CAG
Cabinet approves bill to tackle black money
Thu, Mar 19 2015. 08 24 PM

Cabinet approves bill to tackle black money

Key features include imprisonment of up to 10 years for concealment of foreign assets and income and evasion of tax in relation to foreign assets

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