The Union Government has constituted two new committees namely Tax Policy Research Unit (TPRU) and Tax Policy Council (TPC) to streamline the taxation policy and administration. These committees...
The Central Board of Direct Taxes (CBDT) has signed two bilateral Advance Pricing Agreements (APAs) with United Kingdom (UK). These APAs were signed with two Indian group entities...
India and Armenia has signed a Protocol to amend the existing Double Taxation Avoidance Convention (DTAC) to curb instances of tax evasion. The Protocol amends the Article on...
31 Organisation for Economic Co-operation and Development (OECD) members have signed corporate tax avoidance agreement in a bid to stem fiscal (tax) evasion by multinational companies (MNCs). The...
Senior Indian Revenue Service (IRS) Officer Atulesh Jindal has been appointed chairman of Central Board of Direct Taxes (CBDT). His appointment was cleared by Appointments Committee of Cabinet...
Expert Committee to simplify income tax laws headed by Justice (retired) R.V. Easwar has submitted its report to Union Finance Ministry. The 10 member committee has recommended simplifying...
The Union Government has abolished export duty on iron ore pellets in order to make the commodity more competitive amid weakening prices due to subdued demand. In this...
Union Government has announced to link LPG subsidy to income of consumers in order to ensure that the subsidy benefits go to the targeted group. Henceforth, the LPG...
Senior revenue service officer Arun Kumar Jain appointed Chairman of Central Board of Direct Taxes (CBDT). His appointment was approved by the Appointments Committee of Cabinet (ACC) headed...
India and Japan have inked fourteen agreements in various fields to enhance bilateral co-operation between both countries. These agreements were signed during ninth annual Indo-Japan summit talks held...
