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'Govt to take call on GAAR implementation soon'

Last Updated: Saturday, July 12, 2014, 15:33

As per the existing proposal, investments made after March 2013 will be covered under GAAR with effect from assessment year 2016-17.

Govt may defer GAAR by a year to improve business sentiment

Last Updated: Sunday, June 22, 2014, 12:31

The government earlier proposed imposing the GAAR from April 1, 2016, for those claiming tax benefit of over Rs 3 crore.

Top tax haven got more investment in 2013 than India and Brazil: UN

Last Updated: Wednesday, January 29, 2014, 02:04

That was the fourth biggest haul of investment globally. The world`s biggest economy, United States, attracted $159 billion.

Four tax havens join India in fight against stash funds

Last Updated: Thursday, November 21, 2013, 22:00

In a big boost in the fight against blackmoney, four overseas jurisdictions including Liechtenstein-- where Indians are suspected to have stashed illicit funds-- Thursday agreed to do away with banking secrecy ways by allowing automatic tax information exchange.

Investors based in tax havens may have to share info with CBDT

Last Updated: Sunday, August 04, 2013, 18:09

Companies routing investments through tax havens will find it difficult to evade taxes with the introduction of norms requiring them to sign an agreement to share banking and other information with the CBDT.

India approaches tax havens on global black money expose

Last Updated: Sunday, June 16, 2013, 11:03

India has approached over half a dozen foreign jurisdictions, including Singapore and some tax havens, for banking and other financial details of more than 500 individuals and entities that might have 'secret offshore accounts' at those places.

MNCs parking profits in tax havens challenge for I-T dep: Prez

Last Updated: Monday, April 29, 2013, 15:34

"More than three-fourth of business transactions of the multi-national companies is being done through their various units," he said.

Dawood laundering blood money through Indian bank?

Last Updated: Friday, April 05, 2013, 23:47

Underworld don Dawood Ibrahim is still allegedly laundering blood money through a public sector bank’s branch in the tax havens in Nassau in Bahamas.

Secrets of tax havens exposed in global media probe

Last Updated: Thursday, April 04, 2013, 19:05

Hidden dealings of politicians, con artists and the mega-rich in more than 170 countries, including India, have been exposed by a group of international journalists sifting through a trove of 2.5 million secret files.

Global media probe exposes secrets of tax havens

Last Updated: Thursday, April 04, 2013, 10:10

Drawing from a trove of 2.5 million secret files, a group of international journalists has exposed hidden dealings of politicians, con artists and the mega-rich in more than 170 countries, including India.

Many MNCs use profit shifting strategy to evade tax: Report

Last Updated: Monday, April 01, 2013, 20:30

Many multinational companies operating in India and having links to tax havens use profit shifting strategies to "evade" taxes, according to a research report by Christian Aid.

Black money: Super rich have $20 trillion in tax havens, says Study

Last Updated: Monday, July 23, 2012, 09:38

The amount of black money deposited by a ‘global super-rich elite’ (rich individuals and their families) in offshore accounts is as much as USD 20 trillion, according to research published on Sunday.