Retrospective Taxation
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Trust Between Government, Industry Up After Scrapping Retrospective Tax: Rajnath Singh
The trust between the government and the industry has increased following the scrapping of the retrospective taxation regime, Defence Minister Rajnath Singh said on Wednesday.
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Centre Releases Draft Rules For Withdrawal of Retrospective Tax Demands
The draft rules say the Centre will not proceed with demands related to retrospective tax levy, provided that all companies withdraw cases against it
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Vodafone, Cairn May Drop Tribunal Cases, Says Top Government Officer
India is in talks with Vodafone Group Plc and Cairn Energy Plc to settle long-running tax disputes with them, a top government official said after the nation last week moved to abolish a rule on retrospective taxation scorned by investors.
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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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RSS-Linked Group's Co-Convenor vs BJP Leader On Twitter Over Retrospective Taxation
A clash erupted between Ashwani Mahajan, co-convenor of RSS-affiliate Swadeshi Jagaran Manch (SJM), and BJP leader Vijay Chauthaiwale on Twitter on Friday over the government's move to scrap retrospective taxation.
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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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"Shows Our Commitment": PM Modi Lauds Historic Move To Rid Retrospective Tax
Noting that the bill to nullify retrospective taxation shows the commitment of the government and consistency in policies, PM Modi on Friday said that new possibilities for expanding India's exports are increasing in the world.
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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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Vedanta To Invest Rs 50,000 Crore On India Business Expansion: Anil Agarwal
Vedanta Resources chairman Anil Agarwal also expressed hope that the retrospective taxation issue between Cairn Plc and the government would soon be sorted out.
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India Can Grow At Higher Rate; Job Creation Plans Underway: Arun Jaitley
Talking about retrospective taxation, the Finance Minister said the government has decided not to resort to such measures and the existing disputes are being sorted out either bilaterally or through the judicial system.
-
Give Rs 1,000 Subsidy To Buy Smartphones: Chief Ministers' Panel
The panel made a case for relief in prospective taxes for encouraging merchants to accept digital payments and no retrospective taxation to Merchants doing digital transactions.
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No Dichotomy Between Assurances And Action On Retro Tax: Jayant Sinha
Dismissing notions of contradiction between ministerial assurances and departmental actions on retrospective taxation, Union Minister Jayant Sinha on Thursday said Income Tax department has to follow "due process of law" in the Rs 8,500-crore Vodafone transfer pricing case.
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GST About to Happen, Retrospective Tax Thing of Past: PM Modi
Wooing investors with promise of an easier business environment and stable tax regime, Prime Minister Narendra Modi on Sunday said retrospective taxation has been made a thing of the past but he is "not able to do anything" on two cases inherited from the previous government as they are sub judice.
-
GST Will Be Passed, PM Modi Tells Top Business Leaders In Riyadh
Promising easier business environment for global investors, Prime Minister Narendra Modi today said retrospective taxation has been relegated to history, but he is "not able to do anything" on two pending cases from the previous government as "they are sub-judice".
-
Retrospective Tax Chapter Will Never Be Opened Again In India, Says PM Modi
Prime Minister Narendra Modi today announced that the controversial retrospective taxation is a thing of the past and the chapter will never be opened again in India.
-
Trust Between Government, Industry Up After Scrapping Retrospective Tax: Rajnath Singh
The trust between the government and the industry has increased following the scrapping of the retrospective taxation regime, Defence Minister Rajnath Singh said on Wednesday.
-
Centre Releases Draft Rules For Withdrawal of Retrospective Tax Demands
The draft rules say the Centre will not proceed with demands related to retrospective tax levy, provided that all companies withdraw cases against it
-
Vodafone, Cairn May Drop Tribunal Cases, Says Top Government Officer
India is in talks with Vodafone Group Plc and Cairn Energy Plc to settle long-running tax disputes with them, a top government official said after the nation last week moved to abolish a rule on retrospective taxation scorned by investors.
-
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.
-
RSS-Linked Group's Co-Convenor vs BJP Leader On Twitter Over Retrospective Taxation
A clash erupted between Ashwani Mahajan, co-convenor of RSS-affiliate Swadeshi Jagaran Manch (SJM), and BJP leader Vijay Chauthaiwale on Twitter on Friday over the government's move to scrap retrospective taxation.
-
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.
-
"Shows Our Commitment": PM Modi Lauds Historic Move To Rid Retrospective Tax
Noting that the bill to nullify retrospective taxation shows the commitment of the government and consistency in policies, PM Modi on Friday said that new possibilities for expanding India's exports are increasing in the world.
-
"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.
-
Vedanta To Invest Rs 50,000 Crore On India Business Expansion: Anil Agarwal
Vedanta Resources chairman Anil Agarwal also expressed hope that the retrospective taxation issue between Cairn Plc and the government would soon be sorted out.
-
India Can Grow At Higher Rate; Job Creation Plans Underway: Arun Jaitley
Talking about retrospective taxation, the Finance Minister said the government has decided not to resort to such measures and the existing disputes are being sorted out either bilaterally or through the judicial system.
-
Give Rs 1,000 Subsidy To Buy Smartphones: Chief Ministers' Panel
The panel made a case for relief in prospective taxes for encouraging merchants to accept digital payments and no retrospective taxation to Merchants doing digital transactions.
-
No Dichotomy Between Assurances And Action On Retro Tax: Jayant Sinha
Dismissing notions of contradiction between ministerial assurances and departmental actions on retrospective taxation, Union Minister Jayant Sinha on Thursday said Income Tax department has to follow "due process of law" in the Rs 8,500-crore Vodafone transfer pricing case.
-
GST About to Happen, Retrospective Tax Thing of Past: PM Modi
Wooing investors with promise of an easier business environment and stable tax regime, Prime Minister Narendra Modi on Sunday said retrospective taxation has been made a thing of the past but he is "not able to do anything" on two cases inherited from the previous government as they are sub judice.
-
GST Will Be Passed, PM Modi Tells Top Business Leaders In Riyadh
Promising easier business environment for global investors, Prime Minister Narendra Modi today said retrospective taxation has been relegated to history, but he is "not able to do anything" on two pending cases from the previous government as "they are sub-judice".
-
Retrospective Tax Chapter Will Never Be Opened Again In India, Says PM Modi
Prime Minister Narendra Modi today announced that the controversial retrospective taxation is a thing of the past and the chapter will never be opened again in India.
