08/28/2015
Regulator SEBI today asked market entities to ensure compliance with changed income tax regulations, with India becoming a signatory to FATCA as well as a global pact to check tax evasion.
08/27/2015
India and Seychelles also signed four other agreements, including one on air connectivity and the other for supply of a Dornier aircraft to the island nation.
08/25/2015
The circular was used as basis for the BIR to run after the supposed tax deficiencies of ADB employees.
08/21/2015
Many issues have been raised in all the debate on tax reform
08/21/2015
The interim report recommends that a mandatory tax reporting code be implemented as soon as practicable.
08/21/2015
A global regime of information exchange will go into force in 2017, arming governments with data to deal with illicit wealth.
08/20/2015
There was an investment community who understood what they wanted to do and and a tax regime where they were not getting taxed twice on the same income.
08/19/2015
The contents of the report were leaked to the media at the weekend, which is against parliamentary rules and has infuriated senators.
08/18/2015
A global crackdown on tax evasion launched during the 2008 financial crisis has already forced Switzerland and other European offshore hubs to surrender their prized bank secrecy.
08/18/2015
Thirty major multi-national companies will be targeted by the Abbott Government under a new assault on tax evading firms that has already brought in an extra $400 million in revenue.
08/17/2015
Overseas investors coming through Mauritius and trading on Indian stock exchanges are spared of the 15% tax on shortterm capital gains.
08/17/2015
BIR collections account for more than two-thirds of the government’s annual revenue.
08/17/2015
http://www.themalaymailonline.com/money/article/name-and-shame-global-firms-avoiding-australian-taxes-report-recommends
08/12/2015
Tax administrations continue to face the challenges of improving their performance while reducing costs, decreasing compliance burdens for taxpayers tackling non-compliance.
08/11/2015
The facility is available under the Black Money Act’s compliance window, which ends on 30 September
08/10/2015
The OECD has released three new reports to help jurisdictions and financial institutions implement the global Standard for automatic exchange of financial account information
08/07/2015
It also plans to offer a tax incentive to companies hiring young people aged between 15 and 29
08/07/2015
In a significant new move by Prime Minister Narendra Modi's government, the Securities and Exchange Board of India (SEBI) has recently started to reach out to international private banks
08/05/2015
HSBC has been asking all "politically exposed persons" having accounts with the bank to disclose their source of fund and income.
08/05/2015
Under the new law black money, it is not the case that we will put up a public notice that so and so has availed the benefit and paid tax