Page-15 of Taxation

Exempt-Exempt Tax

Under the Exempt-Exempt Tax (EET) principle, the contributions towards certain savings are deductible from income (this represents the...

📅 November 11, 2015

Union Government appoints Najib Shah as Chairman of CBEC

Union Government has appointed senior IRS officer Najib Shah as the chairman of Central Board of Excise and...

📅 October 30, 2015

RBI allows Indian corporate to issue offshore rupee-denominated bonds outside India

The Reserve Bank of India (RBI) has granted permission to the Indian corporate to issue offshore rupee-denominated bonds...

📅 October 29, 2015

Union Government launches e-Sahyog Pilot Project to facilitate Taxpayers

Union Finance Ministry has launched an e-Sahyog pilot project of Income-Tax Department to facilitate taxpayers to reduce their...

📅 October 28, 2015

Union Government sets-up R.V. Easwar Committee to simplify the provisions of IT Act, 1961 

Union Government has constituted a committee to simplify the provisions of the Income Tax Act (IT), 1961 under...

📅 October 28, 2015

Vodafone wins transfer pricing tax dispute case

British telecom giant Vodafone has the transfer pricing tax dispute case against Indian Income Tax authorities after Bombay...

📅 October 10, 2015

Union Cabinet gives nod to amendments to tax avoidance pacts with Israel, Vietnam

Union Cabinet has approved the Protocol amending the Double Taxation Avoidance Convention (DTAC) India-Israel and Double Taxation Avoidance Convention...

📅 October 8, 2015

Maharashtra government imposes tax to tackle drought

Maharashtra government has decided to impose ‘drought tax’ in a bid to raise funds to tackle the drought...

📅 October 2, 2015

Union Government accepts A P Shah panel report on MAT

Union Government has accepted Justice AP Shah Committee report on the Minimum Alternative Tax (MAT) on foreign institutional...

📅 September 2, 2015

A P Shah Committee recommends MAT relief to FIIs

Union Finance Ministry appointed committee chaired by retired SC judge A P Shah has recommended that Minimum Alternate...

📅 August 22, 2015