Last Updated: Tuesday, July 22, 2014, 17:12
The government on Tuesday said it is effectively using the information received from various countries to combat the menace of tax evasion and avoidance.
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.
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.
Last Updated: Friday, February 21, 2014, 20:36
India on Friday called for automatic exchange of key financial information and greater cooperation among G20 nations to deal with cases of tax avoidance.
Last Updated: Thursday, September 26, 2013, 21:06
The controversial GAAR provision, which seeks to check tax avoidance by investors routing their funds through tax havens, will come into effect from April 1, 2016, a government notification said.
Last Updated: Saturday, June 15, 2013, 12:15
A summit meeting of G-8 countries in Northern Ireland next week would discuss the issue of "tax avoidance" by companies in this increasingly globalised economy, a White House official has said.
Last Updated: Saturday, May 11, 2013, 21:43
Speaking after a two-day meeting at Aylesbury in Buckinghamshire, south-east England, UK chancellor George Osborne said it was "incredibly important" that firms and individuals paid the tax they owed.
Last Updated: Tuesday, April 23, 2013, 11:49
Google's chairman, Eric Schmidt, has defended his firm’s tax avoidance policies in the UK, saying that the Internet search giant ‘fully complies with the law’.
Last Updated: Monday, October 08, 2012, 22:00
Tax defaults by nearly 29,000 taxpayers aggregate to Rs 3,770 crore, according to a tax department's analysis of e-returns filed in 2012-13.
Last Updated: Monday, October 01, 2012, 15:39
The ministry, Chidambaram said, would first finalise its report on GAAR and then consider if there was a necessity to amend the Income Tax Act.
Last Updated: Friday, August 10, 2012, 16:40
A Delhi court has upheld a two-year jail term given to a tax evader, saying tax avoidance reduced funds needed for the country's infrastructure development.
Last Updated: Saturday, July 14, 2012, 22:15
The new four-member panel is to prepare a roadmap on GAAR by September 30.
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