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Retro tax was a retrograde step: Arun Jaitley

Last Updated: Friday, July 25, 2014, 10:08

He stressed that low taxation is good for the economy and he has tried to pursue it in his budget with a view to giving a fillip to manufacturing sector.

Chidambaram to address concerns over TRC during budget debate

Last Updated: Friday, March 01, 2013, 14:28

The Finance Ministry on Friday sought to assure worried investors saying their concerns on Tax Residency Certificate (TRC) for claiming treaty benefits will be 'suitably' addressed during discussion on Finance Bill in Parliament.

Will examine and modify GAAR if required: FM

Last Updated: Tuesday, March 27, 2012, 16:42

Amidst fears that FIIs may be taxed for short-term capital gains in stock markets, the government today said it will examine and modify the General Anti Avoidance Rules (GAAR) if required.