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
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.