09/22/2015
Tax system is 'Swiss cheese' for the rich
AUSTRALIA'S tax system has been likened to a "giant Swiss cheese" full of holes through which the rich are able to funnel their income.
09/20/2015
Capital market regulator Sebi was so far focusing on trades during the fiscal years 2013-14 and 2014-15 in its fight against misuse of stock market platform for tax evasion and laundering of illicit funds.
09/18/2015
The changes aim to clarify when profits from residential property sales are taxable, as well as capturing more information about overseas buyers.
09/18/2015
These 1,000 companies will need to consider the new rules if they have economic activities in Australia, but book their Australian sales revenue offshore.
09/17/2015
Exclusive: company faces renewed questions over its fitness as security contractor at Australian detention centres on Manus Island and Nauru
09/17/2015
Australian Treasurer Joe Hockey: Australian companies can take greater advantage of Israel’s knowledge-based economy.
09/16/2015
MAS says equal tax treatment is needed for deal to facilitate cross-border selling of funds
09/14/2015
Hong Kong's 'accidental Americans' caught in US tax jam
US taxation of overseas wealth of non-citizens is becoming a growing concern for Asia's rich
09/13/2015
Govt makes Gold Monetisation schemes tax free
The rate of interest on the bonds will be calculated on the value of the gold at the time of investment.
09/11/2015
A meeting of sub-committee of the Financial Stability and Development Council today also discussed issues regarding inter-regulatory co-ordination for reporting under FATCA,
09/08/2015
The CBDT clarified that the matter was examined in consultation with the Special Investigation Team on black money.
09/07/2015
According to some black money researchers, it is actually Indian black money routed back to India through foreign tax havens in the name of P Notes. Here is one such shocking example.
09/06/2015
India to tax collectors: give foreign companies a break
Dozens of letters demanding payments from funds rattled the market, forcing the government this week to scrap claims.
09/06/2015
I-T sleuths asked to give foreign firms a tax break
Dozens of letters demanding payments from funds rattled the market
09/04/2015
Government releases new set of FAQs on black money window
Tax dept hopes more tax evaders will declare their unaccounted for assets as 30 September deadline draws near
09/04/2015
Local banks pre-tax income declines
The commission said the figure is lower than expected as global economic growth momentum showed, taking a toll on domestic banks.
09/04/2015
Black money law: Beneficiaries in overseas discretionary trusts may face enquiry
he taxman will look through the trust and lift the veil with the basic presumption that the fund a trust holds belongs to the beneficiaries and not some foreigners or non-resident Indians.
09/02/2015
The plan targets both Korean residents and firms operating in Korea, said Deputy Prime Minister and Finance Minister Choi Kyung-hwan.
09/02/2015
Investors could be hit hard if they are taxed on the capital gains earned from the sale of holdings in FPIs
09/01/2015
Move on minimum alternate tax is aimed at calming investors’ concerns