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Interpretation of tax laws in India 'main problem': Kapadia

Kapadia also said that there should be clear distinction between rules and standards when it comes t...

Singapore investors concerned about GAAR uncertainty

Investors in Singapore are concerned over the pending implementation of India's General Anti-Avoidan...

Modified GAAR provision to be implemented from April 2016

A number of representations were received against GAAR provisions introduced in the last Budget. Fol...

Recommendations on retro-tax laws under examination: Govt

The government on Friday said it is examining recommendations of the Parthasarathi Shome panel on co...

Govt's reforms push will help return to high growth: RBI

Supporting the government's recent reform push, Reserve Bank on Tuesday said measures like opening u...

Ghost of GAAR buried: Chidambaram

Chidambaram was also hopeful that fiscal deficit will be contained within the targeted 5.3 percent o...

Shome panel favours deferment of GAAR implementation by 3 yrs

The implementation of General Anti-Avoidance Rules (GAAR) should be deferred by three years to April...

Sensex hits two-year high on GAAR deferral, rate-cut hopes

The Sensex ended 242.77 points up, or 1.23 percent, to close at 19,906.41, a level last seen on Janu...

Govt postpones GAAR implementation by 2 years to 2016

Giving a big relief to overseas investors, the government has postponed implementation of controvers...

India remains attractive investment destination: Deloitte

A survey of investors, spread across various segments, conducted by Deloitte also found that investo...

Buzzwords of 2012: GAAR to lobbying; Libor to fiscal cliff

While the US economy awaits its 'fiscal cliff' at the end of 2012, the world of business in India th...

Retro amendment, GAAR keep revenue department busy in 2012

Controversy generated by retrospective tax amendment to bring into net Vodafone-type deals and conce...

Revenue dept has sent GAAR amendments to PMO: Chidambaram

The Revenue Department has submitted amendments to GAAR, the controversial law against tax avoidance...

GAAR framework aimed at boosting investor confidence

The government is examining recommendations of the Shome committee which suggested postponement of G...

Shome committee recommendations on GAAR being examined: Govt

Committee headed by tax expert Parthasarathi Shome, set up by the government, has submitted two repo...

GAAR amendments finalised: Chidambaram

Amendments to GAAR, the controversial law against tax avoidance through foreign investments, have be...

Govt to announce final guidelines on GAAR implementation soon

The Finance Ministry has firmed up its views on the GAAR and the draft has been sent to Prime Minist...

Govt to announce final guidelines on GAAR implementation soon

The government is likely to announce soon the final guidelines on implementation of the controversia...

We have dispelled atmosphere of gloom and doom: PM

As regards the growth prospects for the current financial year, Singh said the Indian economy has be...

Direct tax code needs to go back to drawing board: Shome

Hinting that the central government would not be able to introduce the direct tax code (DTC) by Apri...

Relief for Vodafone as Shome panel recommends prospective application of tax law

In a recommendation that could give relief to companies like Vodafone, a Government-appointed commit...

Relief for Vodafone as Shome panel recommends prospective application of tax law

In a recommendation that could give relief to companies like Vodafone, a Government-appointed commit...

Final guidelines on GAAR by month end: Chidambaram

The ministry, Chidambaram said, would first finalise its report on GAAR and then consider if there w...

GAAR panel likely to submit final report today

The Parthasarathi Shome panel, looking into the taxation issues relating to GAAR (General Anti-Avoid...

Final GAAR report by end of the month: Shome

The Parthasarathi Shome panel, which is looking into the taxation issues relating to GAAR (general ...

Vodafone decision will be taken by IT dept post GAAR report: FM

Finance Minister P Chidambaram Monday said the Income Tax Department will take a decision on the Vod...

Market ignores GAAR deferment; NSE ends flat amid volatility

The 50-share Nifty swung widely between a high of 5,295.80 and a low of 5,243.15 before settling at ...

Sensex trims early gains; still up 35 pts

The BSE Sensex trimmed early gains Monday but was still up 35 points on buying in auto, power, IT an...

Markets to rejoice panel's recommendation to defer GAAR: Experts

Stock markets are likely to react positively Monday as an expert committee on General Anti Avoidance...

Industry, experts say draft GAAR guidelines encouraging

Industry and experts Saturday said the draft guidelines on General Anti-Avoidance Rules (GAAR) are e...

India needs to apply GAAR provisions intelligently: Shome

The provisions of General Anti Tax Avoidance Rules (GAAR) should be 'intelligently' applied, said th...

Expert panel for postponement of GAAR by 3 years

The expert committee on General Anti Avoidance Rules (GAAR) on Saturday recommended postponement of ...

Govt expands scope of GAAR panel to cover all non-residents

The government on Saturday expanded the scope of the expert committee on General Anti-Avoidance Rule...

India's 'boring' banking system remains robust: Deepak Parekh

Parekh said banks are taking unprecedented beating globally amid issues like subprime crisis, collap...

Need for policy predictability to allay investors’ fears: PMEAC

Prime Minister's economic advisory panel Friday said government should pay special attention to alla...

Govt should not implement GAAR in current environment: Assocham

The government should not implement the General Anti-Avoidance Rules (GAAR) in the current economic ...

Biggest challenge is to restore investor confidence: Montek

The Planning Commission on Tuesday said the biggest challenge before India is to improve investment ...

GAAR panel to submit draft recommendations by Aug 31

The committee set up by the government to examine all issues related to the controversial General An...

GAAR panel to submit draft recommendations by Aug 31

The committee set up by the government to examine all issues related to the controversial General An...

Delay in GAAR not to hamper drive against tax evasion: Govt

The government Wednesday said the delay in implementation of General Anti Avoidance Rules (GAAR) wil...

Chidambaram unveils roadmap to boost economy, investment

New Finance Minister P Chidambaram on Monday unveiled his roadmap to boost investment and economy by...

PM expands terms of reference of GAAR panel

Prime Minister Manmohan Singh Monday expanded the terms of reference of the GAAR committee by referr...

PM expands terms of reference of GAAR panel

Prime Minister Manmohan Singh Monday expanded the terms of reference of the GAAR committee by referr...

I-T panel a welcome step; will bring clarity: Nasscom

Prime Minister Manmohan Singh on Monday set up a committee to look into taxation matters of the IT s...

I-T panel a welcome step; will bring clarity: Nasscom

Prime Minister Manmohan Singh on Monday set up a committee to look into taxation matters of the IT s...

International business council says GAAR proposals too vague

A group of leading US-based MNCs have expressed their concern over the draft GAAR taxation proposals...

PM panel on GAAR has begun consultation process: Shome

Prime Minister-appointed panel on GAAR has begun consultations with the stakeholders to fine tune an...

Mauritius funds into Indian stocks face Sebi, RBI probe

Market regulator Sebi has identified numerous Mauritius-based funds in its various stock-specific in...

GAAR guidelines will be finalised by Sept 30 deadline: Shome

The guidelines on General Anti- Avoidance Rules (GAAR), aimed at checking tax evasion, will be final...

GAAR guidelines will be finalised by Sept 30 deadline: Shome

The guidelines on General Anti- Avoidance Rules (GAAR), aimed at checking tax evasion, will be final...

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