India Ends Retrospective Tax
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"Undid A Mistake Of The Past, Retrospective Tax": PM Modi
The government's move to end retrospective tax signified the undoing of a mistake in made in the past, Prime Minister Narendra Modi said today at the annual meeting of the Confederation of Indian Industry or CII.
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Bill To End Retrospective Tax Passed Amid Opposition Walkout In Parliament
The Parliament on Monday passed a bill that seeks to do away with the contentious retrospective tax provision and will impact retro tax cases of Cairn Energy and Vodafone.
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Lok Sabha Passes Bill To End All Retrospective Taxation, Rajya Sabha Next
A bill that aims to end all retrospective taxation imposed on indirect transfer of Indian assets was passed by the Lok Sabha today amidst continuous protests by opposition over the alleged snooping through the Pegasus spyware and other issues.
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"Glad We Have Put An End To It": P Chidambaram On Retro Tax Withdrawal
With Lok Sabha passing a bill that aims to end all retrospective taxation, senior Congress leader and former finance minister P Chidambaram Friday said he is glad that an issue that had been troubling India for eight years has been put to an end.
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Tax Dispute Scheme Gets Tepid Response, Garners Rs 1,200 Crore
Finance Minister Arun Jaitley in his budget for 2016-17 announced the Direct Tax Dispute Resolution Scheme that sought not just to settle disputes in retrospective taxes, but end nearly 2.6 lakh pending tax cases.
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Government Extends Deadline For Tax Settlement Scheme
The Direct Tax Dispute Resolution Scheme seeks not just to settle disputes in retrospective taxes, but end nearly 2.6 lakh pending tax cases where Rs 5.16 lakh crore are locked in.
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Krishi Kalyan Cess Not Applicable If Invoice Generated Before May 31
In a bid to end confusion over retrospective applicability of the new Krishi Kalyan cess, the government has stated that 0.5 per cent tax will not apply on services whose invoice had been issued on or before May 31.
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Government has Taken 'One Step Forward' on Retro Tax Issue: Jaitley
The government has taken "one step forward" to resolve the retrospective tax cases by putting in place a statutory mechanism for ending such disputes, Finance Minister Arun Jaitley said on Wednesday.
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Open to Out of Court Settlement of Legacy Tax Issues: Revenue Secretary
Keen to put an end to the overhang of legacy issues, the government is open to any proposal for an out-of-court settlement of retrospective tax issues like the ones facing Vodafone and Cairn Energy, Revenue Secretary Hasmukh Adhia has said.
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Jaitley Should Signal an End To 'Tax Terrorism': Ajit Ranade
Retrospective tax demands slapped on multi-national giants like Vodafone, Nokia, Shell, etc. have deterred investors from looking at India as a favourable destination.
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"Undid A Mistake Of The Past, Retrospective Tax": PM Modi
The government's move to end retrospective tax signified the undoing of a mistake in made in the past, Prime Minister Narendra Modi said today at the annual meeting of the Confederation of Indian Industry or CII.
-
Bill To End Retrospective Tax Passed Amid Opposition Walkout In Parliament
The Parliament on Monday passed a bill that seeks to do away with the contentious retrospective tax provision and will impact retro tax cases of Cairn Energy and Vodafone.
-
Lok Sabha Passes Bill To End All Retrospective Taxation, Rajya Sabha Next
A bill that aims to end all retrospective taxation imposed on indirect transfer of Indian assets was passed by the Lok Sabha today amidst continuous protests by opposition over the alleged snooping through the Pegasus spyware and other issues.
-
"Glad We Have Put An End To It": P Chidambaram On Retro Tax Withdrawal
With Lok Sabha passing a bill that aims to end all retrospective taxation, senior Congress leader and former finance minister P Chidambaram Friday said he is glad that an issue that had been troubling India for eight years has been put to an end.
-
Tax Dispute Scheme Gets Tepid Response, Garners Rs 1,200 Crore
Finance Minister Arun Jaitley in his budget for 2016-17 announced the Direct Tax Dispute Resolution Scheme that sought not just to settle disputes in retrospective taxes, but end nearly 2.6 lakh pending tax cases.
-
Government Extends Deadline For Tax Settlement Scheme
The Direct Tax Dispute Resolution Scheme seeks not just to settle disputes in retrospective taxes, but end nearly 2.6 lakh pending tax cases where Rs 5.16 lakh crore are locked in.
-
Krishi Kalyan Cess Not Applicable If Invoice Generated Before May 31
In a bid to end confusion over retrospective applicability of the new Krishi Kalyan cess, the government has stated that 0.5 per cent tax will not apply on services whose invoice had been issued on or before May 31.
-
Government has Taken 'One Step Forward' on Retro Tax Issue: Jaitley
The government has taken "one step forward" to resolve the retrospective tax cases by putting in place a statutory mechanism for ending such disputes, Finance Minister Arun Jaitley said on Wednesday.
-
Open to Out of Court Settlement of Legacy Tax Issues: Revenue Secretary
Keen to put an end to the overhang of legacy issues, the government is open to any proposal for an out-of-court settlement of retrospective tax issues like the ones facing Vodafone and Cairn Energy, Revenue Secretary Hasmukh Adhia has said.
-
Jaitley Should Signal an End To 'Tax Terrorism': Ajit Ranade
Retrospective tax demands slapped on multi-national giants like Vodafone, Nokia, Shell, etc. have deterred investors from looking at India as a favourable destination.
