parthasarathi-shome - Latest News on parthasarathi-shome | Read Breaking News on Zee News

Govt sets up Tax Administration Reform Commission: Shome

Last Updated: Saturday, March 29, 2014, 19:20

Hopefully there would be dynamic recommendations and once the recommendations are out, it would be discussed by the tax administration and tax payers, Parthasarathi Shome said.

TARC to submit its first report by May-end

Last Updated: Friday, February 21, 2014, 14:17

The Tax Administration Reform Commission (TARC), announced in last year's Budget, would submit its first report to the government by May-end, Chairman of the panel and Advisor to Union Finance Minister Parthasarathi Shome said Friday.

Govt yet to decide on retrospective taxation issue: Shome

Last Updated: Saturday, January 11, 2014, 20:27

Shome said that the government was working on a resolution which would be applicable to all companies facing this problem.

Circular soon for levying excise on goods sold below cost

Last Updated: Tuesday, December 17, 2013, 19:04

The Finance Ministry Tuesday said it will come out with a circular by January 15 to implement a Supreme Court decision regarding valuation of goods sold below the cost price for levying excise duty.

Don't use retro amendment of tax laws to raise revenue: Shome

Last Updated: Wednesday, November 20, 2013, 22:45

He is also the chairman of the Tax Administration Reform Commission and was speaking at a CII event here.

Tax Reform Commission to submit first report in 6 mths: Shome

Last Updated: Monday, October 21, 2013, 19:26

Tax Administration Reform Commission (TARC), set up by the Finance Ministry to suggest measures to prevent economic offences among other things, held the first meeting Monday and is expected to submit its report in six months.

Shome against retro amendment of tax laws to raise revenue

Last Updated: Monday, October 21, 2013, 16:32

Amid long-pending dispute between Vodafone and tax authorities, Finance Minister's advisor Parthasarathi Shome on Monday said the government should not go in for retrospective amendment of tax laws to raise revenue.

Process to roll out Direct Tax Code on: Parthasarathi Shome

Last Updated: Friday, August 30, 2013, 18:11

The process to roll out the Direct Tax Code is "on" and the government has now prepared a draft with comments made by industry and it is being examined by various Ministries, Parthasarathi Shome, Adviser to Finance Minister, said Friday.

GST dispute resolution body to be set up: FM Advisor

Last Updated: Saturday, August 24, 2013, 15:34

The Parliamentary Standing Committee on GST had submitted its report on August 7 and dealt with a number of issues, Parthasarathi Shome said.

More dialogues likely between Centre and states on GST: Shome

Last Updated: Thursday, March 21, 2013, 18:37

More dialogues are expected between the Centre and states in the coming months on some issues related to Goods and Services Tax (GST), said Union Finance Ministry advisor Parthasarathi Shome.

India needs good rating from global agencies to fix CAD: Shome

Last Updated: Saturday, March 09, 2013, 16:25

India needs good rating from global credit rating agencies to help bolster foreign capital flows into the country, Union Finance Ministry advisor Parthasarathi Shome said on Saturday.

Recommendations on retro-tax laws under examination: Govt

Last Updated: Friday, February 22, 2013, 16:30

The government on Friday said it is examining recommendations of the Parthasarathi Shome panel on controversial retrospective tax laws introduced in the last Budget.