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Foreign banks sign up to help US battle tax evasion

Last Updated: Tuesday, June 03, 2014, 05:04

US officials said that more than 77,000 banks and other financial institutions worldwide have joined its fight against tax evasion.

Infosys appoints Kanchinadam as Chief Compliance Officer

Last Updated: Friday, April 18, 2014, 20:05

Kanchinadam succeeds Nithyanandan Radhakrishnan, who is leaving Infosys.

Sebi to issue guidelines for FATCA compliance next fiscal

Last Updated: Sunday, March 23, 2014, 16:50

The new Act requires the US government to sign IGAs with various countries, including India, where American individuals and companies may hold accounts and other assets.

Service Tax amnesty scheme may fetch about Rs 6,000 cr

Last Updated: Sunday, January 12, 2014, 19:44

The first-of-its-kind amnesty scheme for service tax defaulters, which ended last month, may result in realisation of about Rs 6,000 crore of additional revenue for the government.

Service tax amnesty scheme yields Rs 5,500 cr

Last Updated: Monday, December 30, 2013, 18:38

The service tax amnesty scheme has yielded Rs 5,500 crore to the exchequer, and with just two days left for its close the government has asked defaulters to take advantage of the scheme or face penal action.

Govt warns of tough action against service tax evaders

Last Updated: Monday, December 30, 2013, 16:06

The Voluntary Compliance Encouragement Scheme (VCES), which came into effect from May 10, allows a service tax defaulter to pay dues without any penalty or late payment charges.

Service tax offices to remain open on Dec 28-29

Last Updated: Friday, December 27, 2013, 23:28

All offices handling service tax will remain open Saturday as well as the day after (Sunday) to avoid last minute for rush those who want to avail the benefit of one time service tax amnesty scheme.

Govt stresses need on voluntary tax compliance

Last Updated: Friday, September 27, 2013, 16:34

Seelam said the current account deficit (CAD) would be contained at 4.8 percent of GDP.

Avail benefits under VCES, pay tax dues: FinMin tells industry

Last Updated: Friday, July 05, 2013, 22:22

To boost indirect tax collections, Revenue Secretary Sumit Bose Friday asked representatives of the industry to avail the benefits under Service Tax Voluntary Compliance Encouragement Scheme (VCES) 2013 and pay their dues.

Soon, US to get info on Americans' assets in India

Last Updated: Sunday, April 28, 2013, 13:05

US tax authorities may soon get access to all significant assets and accounts held by American citizens and companies with banks and other financial sector entities in India, and a draft inter-government agreement in this regard is currently being vetted by the SEBI.

CCI to meet CEOs of top 100 companies on Jan 24

Last Updated: Thursday, January 10, 2013, 15:22

The Competition Commission will meet CEOs of India's 100 most valued companies on January 24, as part of efforts to sensitise big corporates about fair trade practices and competition compliance norms.

NSE asks brokers to strictly follow compliance norms

Last Updated: Wednesday, October 24, 2012, 17:28

Leading bourse NSE has asked all its member brokers to strictly adhere to trading compliance norms of the exchange and to ensure that each order placed by them is within the prescribed limits.