May 20, 2013
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ITC may not qualify for Kolkata LTU facility
Cigarette to diversified conglomerate, ITC Ltd, may not qualify for entry into the proposed Large Taxpayers Unit (LTU) here for association with tobacco.
Mumbai traders' strike continues for second day
Banking activities here remained paralysed and most businesses were shut too Tuesday, day two of the indefinite strike called by over 1.5 million traders and manufacturers to protest the Maharashtra's government's local body tax (LBT) in lieu of octroi.
Revised auto-rickshaw, taxi fares in Delhi from today
The base fare for autos has been raised from Rs 19 for the first two kilometres to Rs 25 while for every subsequent km travellers will have to pay Rs 8.
Govt will step up efforts to bring more people into tax net: FM
In a strong message to tax evaders, the government on Thursday said that it will step up efforts to bring more people into net and also endeavour to recover tax arrears.
Auto, taxi fares hiked by upto 30% in Delhi
According to the government decision taken Wednesday, a commuter taking an auto will have to pay Rs 25 instead of the existing Rs 20 for the first two kilometres.
ICICI prudential gets over Rs 130 cr tax notice
The Finance Ministry has asked private sector insurer ICICI Prudential to cough up over Rs 130 crore for alleged evasion through non-payment of service tax.
TRC to be accepted as residency proof: FM to foreign investors
Easing norms for investments through countries like Mauritius and Cyprus, Finance Minister P Chidambaram Tuesday said the tax residency certificate (TRC) issued by a foreign government will be accepted as proof of residency for availing benefits under tax treaties.
I-T Dept's information utilisation deficient, says CAG
There are deficiencies in the Income Tax Department's utilisation of information related to taxation and sometimes available details are either inadequate or incorrect, says a report by official auditor CAG.
I-T returns may require disclosure of all assets
In a bid to counter tax evasion, the Finance Ministry is contemplating making it mandatory for individuals and Hindu Undivided Families (HUFs) to report Indian assets and liabilities in income-tax (I-T) return forms.
No wealth tax on farm land: Finance Minister
Finance Minister P Chidambaram Tuesday ruled out levying wealth tax on agriculture land and roll back of the duty hike on SUVs but relaxed residency norms for investors from countries like Mauritius for the purpose of tax benefit.
Stock markets may see consolidation; SBI, L&T results this week
DGH rejects RIL offer to confirm gas discoveries in KG-D6
Cobrapost: NABARD chief gives clean chit to co-operative banks
RBI likely to cut policy rates at its June 17 meeting: Experts
Indians more willing to share personal information than others: Study
Gold price today: Latest updates
I-T Dept slaps Rs 582 cr tax demand notice on Infosys
HTC One M7 appears online at Rs 42,900
Walmart lobbying case in India closed: Report
Gold price tanks 4.58% for week; closes at Rs 26,120
Chevrolet Enjoy launched in India
Sensex tanks 430 points
Sony Xperia L
Nokia Asha 210
Shanghai Auto Show
Nokia Lumia 720
Chevrolet Enjoy launched in India
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