Page-2 of Topic: Taxation
Tweaks to the FPIs in Union Budget
The Indian Government has made a few tweaks to the norms of foreign portfolio investors (FPIs) to attract funding for the Indian capital market. What has happened? The...
2 years of GST
The landmark one-nation, one-tax reform, the Goods and Services Tax (GST) was introduced on July 1, 2017. In its two year journey, it has shown some hiccups, a...
Government receives Rs. 3,000 crore from MNCs that have entered into APAs
Union Government has received Rs. 3,000 crore of additional tax from MNCs that have entered into advance pricing agreements (APAs) with it over last five years and also...
Government raises threshold monetary limit for filling appeals relating to tax cases
Union Finance Ministry has hiked threshold monetary limit for tax departments to file appeals all three levels of appeal — Appellate Tribunals, High Courts, and Supreme Court. The...
S Ramesh appointed as Chairman of CBIC
The Union Government has appointed senior bureaucrat S Ramesh as chairman of Central Board of Indirect Taxes and Customs (CBIC), the apex policy-making body for indirect taxes. He... Government appoints S Ramesh as Chairman of CBIC
The Appointments Committee of Cabinet (ACC) has appointed S Ramesh, member of Central Board of Indirect Taxes and Customs (CBIC) as its next Chairman. He will succeed present... CBDT notifies Protocol amending DTAA between India and Kuwait
The Central Board of Direct Taxes (CBDT) has notified protocol to amend existing Double Taxation Avoidance Agreement (DTAA) between India and Kuwait. The DTAA between both countries was...
GST Council approves simplified tax return filing system
The Goods and Services Tax (GST) Council in its 27th meeting chaired by Union Finance Minister Arun Jaitley announced new and simplified return filing process. It was approved... CBDT inks 200th Unilateral Advance Pricing Agreement
The Central Board of Direct Taxes (CBDT) has entered into 200th Unilateral Advance Pricing Agreement (UAPA) after it singed one in April 2018. With the signing of this,...
Intra-state e-way bill rolled out in 5 states
The E-Way Bill system for Intra-State movement of goods was rolled out in five more states‑Andhra Pradesh, Gujarat, Kerala, Telangana and Uttar Pradesh. The E-Way Bill system for... Government inks 16 APAs in March 2018
The Central Board of Direct Taxes (CBDT) has entered into 14 Unilateral Advance Pricing Agreements (UAPA) and 2 Bilateral Advance Pricing Agreements (BAPA) in March 2018. The 2... 