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I-T dept signs APAs with 5 MNCs, more pacts in offing

Last Updated: Sunday, March 30, 2014, 13:52

Seeking to reduce litigations and promote foreign investments, the Income Tax department has signed Advance Pricing Agreements with 5 multinational firms and plans to enter into more such pacts.

Advance tax: Banks, cement cos falter, but IT firms payout up

Last Updated: Tuesday, March 18, 2014, 23:04

The ongoing gloom on economic front has led to concerns on advance tax collections from banking and cement sectors, but information technology companies seem to be delivering well, Income tax officials said Tuesday.

SBI pays Rs 1456-cr advance tax for March quarter

Last Updated: Tuesday, March 18, 2014, 13:35

The lender, which controls nearly a fourth of the total banking assets, had paid Rs 1,450 crore as advance tax for the March quarter last fiscal.

Last date for advance tax payments extended to March 18

Last Updated: Friday, March 14, 2014, 19:52

The government on Friday extended the last date for payment of final installment of advance tax for financial year 2013-14 to March 18 from March 15 earlier.

Unemployment rate in advanced economies steady at 7.6%: OECD

Last Updated: Thursday, March 13, 2014, 19:34

The unemployment rate in advanced countries was steady at 7.6 percent in January, with 46.2 million people looking for work nearly six years after the financial crisis began, OECD data showed on Thursday.

One Thai protest leader shot dead, advance polling blocked

Last Updated: Monday, January 27, 2014, 00:46

An anti-government protest leader was shot dead on Sunday as demonstrators created chaos in the Thai capital blocking several polling centres to bar people from casting their advance vote, raising doubts over the fate of the February 2 snap elections.

Thailand set for advance voting despite rally disruption

Last Updated: Sunday, January 26, 2014, 03:40

Thai voters are due to cast advanced ballots on Sunday despite plans by opposition demonstrators to surround polling stations and uncertainty over whether controversial elections will ultimately go ahead.

Net direct tax collection up 13.7% till Dec 20 in FY'14

Last Updated: Saturday, December 21, 2013, 15:39

Amidst a slowdown in the economy, the net direct tax collection has risen by 13.7 percent to Rs 4.12 lakh crore till December 20 of current fiscal.

Samsung Galaxy Core Advance may see 2014 launch

Last Updated: Monday, December 16, 2013, 19:07

What sets the Galaxy Core Advance apart from other Galaxy Core Smartphones launched earlier this year is that it comes with added features and usability functions designed specifically for differently-abled and the visually impaired.

SBI advance tax payment down 33% at Rs 1130 cr; HDFC up 16%

Last Updated: Monday, December 16, 2013, 16:25

The bank paid Rs 1,130 crore as against Rs 1,701 crore in the corresponding period last fiscal, it said in a statement.

Fresh loans to medium enterprises to be priority sector advance: RBI

Last Updated: Tuesday, November 26, 2013, 13:12

The Reserve Bank of India allowed banks to treat loans given to medium manufacturing enterprises after November 13 as priority sector advance.

RBI designates 29 bank branches to collect advance income tax

Last Updated: Monday, November 18, 2013, 15:14

Reserve Bank has designated 29 bank branches, including public and private banks to collect income tax payment in advance of the due date to avoid last minute rush towards March-end.